
364 Clarendon Street, South Melbourne
364 Clarendon Street, South Melbourne, VIC, 3205, AU
715 ㎡
JLL Retail Investments is pleased to present an exceptional opportunity to acquire an ultra-high-profile triple-tenanted retail investment located at 267-269 Burwood Highway, Burwood VIC via on-site public auction.
Positioned on 700sqm* of valuable C!Z corner land, the asset commands 72 metres* of dual road frontage with exposure to over 60,000+ vehicles daily via one of Melbourne’s most heavily trafficked arterial corridors.
The asset is underpinned by national tenants, Poolwerx, Cellarbrations and ASX-listed oOh!media (signage), with brand new 5- & 10-year leases delivering exceptional diversified income security.
Located in Melbourne’s affluent eastern suburbs, just 13km from the Melbourne CBD, the asset sits metres from Deakin University (25,000+ students) and Mount Scopus Memorial College – the epicentre of one of Melbourne’s most educationally dense precincts.
Key investment highlights:
+ Triple tenanted income security underpinned by established national brands, Poolwerx, Cellarbrations and ASX-listed oOh!media (ASX: OML).
+ Brand new 5-year NET leases for both retail tenants, plus a new 10-year signage commitment from oOh!media, with a market cap of $750M+.
+ Irreplaceable 700sqm* C1Z corner freehold offering substantial development potential, with the height allowance proposed to double from 4 to 8 storeys under the Suburban Rail Loop East Structure Plan (STCA).
+ Well-presented 406sqm* building, incorporating modern tenant fit-outs, solar roof instalments and 5 on-title car spaces.
+ Combination of fixed 3% rent increases and Inflation protected income growth across the retail tenancies with annual CPI increases.
+ Highly convenient rear public car parking, via Bennetswood Shopping Precinct for 45 vehicles, ensuring convenient access for customers
+ Prime inner-east location just 13km from the Melbourne CBD, positioned within the City of Whitehorse producing a $13B+ GRP, only metres from Deakin University, Mount Scopus, Greenwood Business Park and only 1.2km from Burwood Brickworks Shopping Centre.
+ Mount Scopus Residential Transformation: Adjacent 10-hectare site under consideration for 3,000 – 4,200 new homes with the potential to deliver up to 9,000 new residents and substantially densify the immediate trade area.
+ Net Income: $187,710 pa + GST**
267-269 Burwood Highway, Burwood VIC is being offered for sale by public on-site auction on Friday 7th of August 2026 at 12:30pm (AEST).
For further information, please contact the exclusive selling agents:
Romanor Falconer | 0400 757 171
Dominic McGrath | 0416 440 525
*Approx
** at as 1 Nov 2026.
Brand New 5- & 10-Year Leases
Proposed 8-Storey Height Allowance (STCA)
60,000+ Passing Vehicles Daily


