Care Park/2-6 Mundy Street Bendigo VIC 3550

+An expansive 1,360sqm* landholding comprising 44 at grade car parking bays.

+Landlord favoured triple net lease to Care Park, an end-to-end parking service provider, with over 25 years in operation and more than 450 owned and managed car parks across five countries.

+Providing net annual income of $50,000* through a 7 year lease with fixed 2%* annual rental increases.

+Surrounded by government infrastructure projects, including the $90m* Bendigo GovHub development that will centralise a range of government services and accommodate ~1,000 government employees.

+Directly opposite the Bendigo Law Court Development, a landmark civic building delivered by Court Services Victoria that will deliver a state-of-the-art courthouse to the area.

+Defensive investment asset class, with low operating expenses, increasing demand from commuters and diminishing competition in the car park sector.

Contact one of the sale and marketing agents below for more information:

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au

Scott Orchard
+61 425 760 712
scott.orchard@cbre.com.au