Bricks-and-mortar retail property on long leases to major tenants such as Hungry Jack’s, Bridgestone, Supercheap Auto and Salvos Stores was the standout asset class across two days of commercial property auctions in Sydney and Melbourne this week.

While buyers and vendors did not see eye to eye on many assets – just 10 out of 22 properties sold under the hammer, a clearance rate of 45 per cent – there were 96 bids for a Bridgestone Tyre & Auto centre in Melbourne’s outer suburbs.