A Bakers Delight shop and a veterinary clinic in Melbourne’s northern suburbs generated more than 90 bids at a commercial property auction this week, as mum-and-dad investors slugged it out for affordably priced assets backed by big-name tenants.

By contrast, a large Ford dealership in Sunbury in Melbourne’s outer north-west was passed in without a single bid after the vendor refused to adjust his reserve price below $10 million to meet the market.