Petstock, 101 Princes Highway, Traralgon, Vic 3844

Burgess Rawson from CBRE is pleased to offer to the market Petstock, Traralgon VIC for sale via our Investment Portfolio Auction 178.

This opportunity has the following key investment highlights:

+ Extended Eleven (11) year lease to Petstock to Feb 2032.
+ One further Five (5) year option to Feb 2037.
+ Longstanding tenant on-site 14 years. 
+ Petstock: pet food retail giant with 276 stores across AUS, ASX listed Woolworths Group recently acquired majority ownership for $586M. (1)
+ Woolworths Group: est. 1924, AUS & NZ’s largest retailer with a market cap of $37.86B & group sales totalling $67.9B in FY24. (2)
+ Fixed 3% annual rent increases, assuring income growth. 
+ Investor preferred net lease terms with the tenant responsible for usual outgoings including rates and insurance premiums.
+ Modern & well-presented 796sqm*retail showroom with important side loading and recent $200k tenant-funded upgrades.
+ Strategic 1,086sqm* ACZ1 landholding with important 45 metre* highway exposure. 
+ High profile Princes Highway position with 24,000+ vehicles passing daily. (3)
+ Dominant retail position opposite Dan Murphys & KFC and close Dulux, Autobarn, and Bob Jane T-Marts all within 150m.* 
+ Absolute CBD location within close proximity to Woolworths and the Coles/Kmart anchored Traralgon Centre Plaza.
+ Potential 50% stamp duty saving.
+ Traralgon: retail & commercial capital of the Latrobe Valley servicing a trade catchment of 126,800+ people. (4)
+ Latrobe City: major service hub of the Gippsland region and one of Victoria's major regional centres, with more than 12,500+ registered pets (2023-24 period). (4)
+ Net Income: $121,793 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 6 August 2025
Garden Room - Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.


* Approx
1 Petstock Group
2 Woolworths Group
3 GapMaps 
4 Latrobe City Council