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Burgess Rawson agent Ben Luu said the tenant has signed a 10-year lease for an undisclosed sum.

EzyMart boasts more than 450 stores across Australia and is cashing in on rapidly growing inner-city populations that are being fuelled by a high immigration.

$150K above reserve

The Richmond office/warehouse has sold at auction to an owner-occupier for $2.84 million, representing a building rate of $7513 per sq m.

The 53-55 North Street property was in high demand, with a number of bidders pushing the price more than $150,000 above its reserve.

“Despite higher interest rates and discussions about inflation, the owner-occupier market is one of the strongest buyer sectors, with a lack of quality stock available to purchase,” said Gorman Allard Shelton’s Tom Maule, who handled the sale with colleague Peter Bremner.

Bayside café sale

A new café in the bayside suburb of McKinnon has sold at auction to a local investor for $1.65 million.

The freestanding 183 sq m Willim Café, at 83 McKinnon Road, has a 10-year lease returning $90,000 a year, with four per cent fixed annual increases.

“The property has recently undergone a series of improvements, and its prime corner location and secure lease played a significant role in helping it achieve a sale $150,000 above the reserve,” said Jones Real Estate managing director Paul Jones, who handled the deal.

CBD strata office

Cushman and Wakefield has sold a strata office in the CBD financial precinct for $575,000.

Suites 1506 and 1507 on level 15, 530 Little Collins Street – the second top floor of Exchange Tower – features a wraparound balcony and city skyline views.

The purchaser is an owner-occupier financial services business looking to move from Brighton. Agents Jeff Ha, Anthony Kirwan and George Davies handled the deal.