A freehold ALDI supermarket in Seville, Victoria has been brought to market.

Positioned in the Yarra Valley region, the property occupies a 4046sqm corner landholding at 634-638 Warburton Highway.

As part of the area’s primary retail precinct, the supermarket is located adjacent to Woolworths Seville and is one of only two ALDI stores that service the Yarra Ranges Shire, which has 163,462 residents. It’s also one of only two ALDI properties to be offered for sale in Victoria in the last 10 years.

The asset generates an estimated net income of $468,059 per annum, secured by a new 10-year net lease to ALDI. The 1906 sqm building comprises a 1761 sqm ALDI supermarket, two specialty tenants including Australia Post, and is supported by 110 at-grade car bays.

JLL’s Tom Noonan and Stuart Taylor have been appointed to manage the sale via an expressions of interest (EOI) campaign.

JLL Director Tom Noonan says the offering represents an exceptionally rare opportunity for investors seeking secure, long-term income from a nationally dominant supermarket covenant.

“Freehold ALDI supermarkets are among the most tightly held assets in Australian retail investment with ALDI owning the majority of their freehold assets. This will be one of only two freestanding ALDI properties offered for sale in Victoria in the last 10 years and represents a once-in-a-generation opportunity to secure direct exposure to Australia’s fastest-growing supermarket chain,” he says.  

“ALDI has grown its national market share to approximately 12.4% since entering Australia in 2001, now operating over 600 stores and delivering Australian consumers more than $7 billion in savings. The net lease structure, combined with fixed CPI-linked rental growth, provides investors with a genuinely defensive, inflation-protected income stream backed by an investment-grade tenant.”

About Seville

JLL Senior Director Stuart Taylor says the property’s location within the Melbourne eastern suburbs at the entrance to the Yarra Valley provides significant long-term growth potential.

“Seville sits within one of Victoria’s most desirable lifestyle and tourism destinations, attracting over 80 wineries, award-winning restaurants, and consistent visitor traffic year-round. The asset benefits from both local residential demand and the Yarra Valley’s position as one of the most highly visited tourism destinations in Victoria,” he says.  

“The neighbouring Lilydale activity centre has experienced exceptional growth driven by the level crossing removal, new train station, and Lilydale Quarry redevelopment, with population forecast to grow by 75% to reach 33,904 by 2046. This structural growth underpins the long-term investment thesis for ALDI Seville.”

ALDI Seville is being offered for sale via an EOI campaign closing at 4pm (AEST) on Wednesday, 11 November 2026.