The whole site has been listed as one entity in a rare sale which has attracted investors and buyers from across the country.
The site has a 20-year lease with Coles expiring in November 2022, and potential buyers could seek to extend it as far as 2042.
The online listing said the estimated net income of the site was $562,669 a year, with 141 car parking spots and commercial one zoning across 1.339 ha of land.
Ray White Real Estate Glen Waverly manager Ryan Trickey, who is managing the sale, said it was rare for a package like this to come on to the market at the same time and it was attracting widespread interest.
“We've got buyers looking at it from all around the country and they're seeing a good opportunity to add value to it,” he said.
He said there were options to extend the lease with Coles or to break up the service station and the supermarket under different deals.
There was also the option for a business to turn the supermarket into another commercial entity requiring more space.
“It's such a unique opportunity with the service station site as part of the lease, not many service stations and supermarkets come up (for sale) together,” Mr Trickey said.
He said the three different potential uses of the site meant he wasn't sure what the price range would be for the site, as different buyers could value the site very differently.
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