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Epping Supercheap Auto site for sale as investors seek ‘safe haven’ assets

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Epping Supercheap Auto site for sale as investors seek ‘safe haven’ assets
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COMMERCIAL NEWS Latest News Market Insights Investing Buying & Selling Leasing Small Business Podcast
Epping Supercheap Auto site for sale as investors seek ‘safe haven’ assets
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Buying & Selling
David Bonaddio
First published
28 April 2026, 1:00pm
A Supercheap Auto showroom in Epping is offering investors a rare chance to secure a “recession-proof” asset with about $358,000 a year in rental income and fixed annual increases.
A “recession-proof” Melbourne showroom generating more than $358,000 in annual passive income has hit market as investors scramble for safe havens.
The near-new Epping asset is currently leased to Supercheap Auto, part of ASX-listed Super Retail Group.
Company reports show more than $4bn in annual revenue across brands including Rebel, BCF and Macpac.
The 1006sq m property at 145 Gateway Blvd returns an estimated $358,337 per year plus GST, with built-in 3 per cent annual rent increases. The tenant pays all outgoings including land tax.
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It is being offered for sale via expressions of interest through JLL agents Dominic McGrath, Romanor Falconer and Tom Noonan.
JLL’s Dominic McGrath said surging demand and low vacancy rates were driving large-format retail, now among strongest performing sectors in Victoria.
“When you pair that with a tenant of the calibre of Super Retail Group and fixed annual increases on a net lease, this is exactly the type of investment being closely pursued by private investors, syndicates and family offices,” Mr McGrath said.
Large-format retail sites, similar to Bunnings and Supercheap Auto, are attracting strong investor demand due to low vacancy rates and reliable long-term income streams.
Located within The Place Epping retail complex, the showroom sits alongside national tenants including KFC, Ampol and Soul Origin, and fronts O’Herns Rd near Hume Freeway, with exposure to more than 88,000 vehicles passing daily.
JLL’s Roamanor Falconer said the Supercheap Auto’s position in one of Melbourne’s northern boom suburbs was a key drawcard for buyers.
“Epping is no longer an emerging suburb, it’s a booming northern hub at heart of City of Whittlesea,” Mr Falconer said.
Council data shows municipality is forecast to grow from about 250,000 residents to more than 360,000 by 2041, a 44 per cent increase.
Epping’s rapid growth and major infrastructure pipeline are driving investor interest, with the suburb cementing its place as one of Melbourne’s key northern hubs. Picture: Jake Nowakowski
That growth is being driven by major projects including Riverlee’s $2bn new Epping precinct, $133m Northern Private Hospital, and Cooper St employment precinct, expected to generate more than 25,000 jobs.
Nearby Mainfreight logistics hub alone supports more than 11,000 workers, providing steady stream of customers to surrounding retail operators in the area.
Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.
MORE: ‘Just incredible’: Why Vic landlords are fleeing state
Bullish Geelong sale offers gives healthy outlook
‘Inevitable’: Grim housing crisis warning for Victorians
david.bonaddio@news.com.au
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Melbourne
Retail
Victoria
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