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DESCRIPTION:Blue Hippo Laundromat\, 45 Locations\, 10 Year Net Lease to No
 vember 2025\nCBRE is pleased to offer to the market\, 'Blue Hippo Laundry
 ' Shop 2\, 15 Station Street Pakenham VIC\, for sale via our Auction Inve
 stment Portfolio 186.\n\n	Blue Hippo Laundry\, 45 Locations - 10 Year Lea
 se to November 2035 and options to 2045\n	Fixed 3.5% rent increases\n	Ten
 ant Pays Usual Outgoings excluding Land Tax\n\n+ Blue Hippo: established 
 and successful laundromat chain with over 45 locations across Victoria an
 d growing.\n\n+ Fixed 3.5% annual rent increases\, assuring future rental
  growth.\n\n+ Landlord preferred net lease with the tenant responsible fo
 r all usual outgoings including Management Fees\, excluding Land Tax\n\n+
  Substantial immaculate 146sqm* premises with dual customer access and ex
 posure\, brand new 'capital intensive' tenant fit-out.\n\n+ Benefiting fr
 om neighbouring Pakenham Train Station car park and childcare centre\n\n+
  Single tenant investment\, minimum management investment.\n\n+ Lease sec
 ured by 6 month Bank Guarantee plus personal guarantees to the performanc
 e of the Lease.\n\n+ Pakenham: central within Melbourne's major south eas
 tern growth corridor\, population estimated to increase 59.9% by 2041\n\n
 + Cardinia Shire Council: A rapidly expanding southeastern municipality w
 ith a $13.57 billion GRP\, driven by massive master-planned residential p
 recincts and over 11\,000 local jobs\n\n+ Net Income: $42\,825pa* + GST\n
 \n\nTo be auctioned as part of CBRE Investment Portfolio Auction 186\n10.
 30am AEST Wednesday 5th August 2026\nPromenade\, Crown Casino Melbourne.\
 n\n\nInterstate bidding by prior arrangement.\n\n\nFor further informatio
 n on Blue Hippo Laundry\, please see:\nhttps://bluehippolaundry.com.au/\n
 \nFor information on other investment opportunities in the campaign\, ple
 ase see:\nhttp://www .investmentportfolioauction.com.au/186\n\n\n*approx
DTEND:20260805T113000
DTSTAMP:20260710T051751Z
DTSTART:20260805T103000
LOCATION:Crown Casino - Melbourne
SEQUENCE:0
SUMMARY:Auction: 15 Station Street\, Pakenham VIC
UID:CRE-2020986313-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Blue Hippo Laundromat\, 45 Location
 s\, 10 Year Net Lease to November 2025 <br/> CBRE is pleased to offer to 
 the market\, 'Blue Hippo Laundry' Shop 2\, 15 Station Street Pakenham VIC
 \, for sale via our Auction Investment Portfolio 186. <br/>  <br/> 	Blue 
 Hippo Laundry\, 45 Locations - 10 Year Lease to November 2035 and options
  to 2045 <br/> 	Fixed 3.5% rent increases <br/> 	Tenant Pays Usual Outgoi
 ngs excluding Land Tax <br/>  <br/> + Blue Hippo: established and success
 ful laundromat chain with over 45 locations across Victoria and growing. 
 <br/>  <br/> + Fixed 3.5% annual rent increases\, assuring future rental 
 growth. <br/>  <br/> + Landlord preferred net lease with the tenant respo
 nsible for all usual outgoings including Management Fees\, excluding Land
  Tax <br/>  <br/> + Substantial immaculate 146sqm* premises with dual cus
 tomer access and exposure\, brand new 'capital intensive' tenant fit-out.
  <br/>  <br/> + Benefiting from neighbouring Pakenham Train Station car p
 ark and childcare centre <br/>  <br/> + Single tenant investment\, minimu
 m management investment. <br/>  <br/> + Lease secured by 6 month Bank Gua
 rantee plus personal guarantees to the performance of the Lease. <br/>  <
 br/> + Pakenham: central within Melbourne's major south eastern growth co
 rridor\, population estimated to increase 59.9% by 2041 <br/>  <br/> + Ca
 rdinia Shire Council: A rapidly expanding southeastern municipality with 
 a $13.57 billion GRP\, driven by massive master-planned residential preci
 ncts and over 11\,000 local jobs <br/>  <br/> + Net Income: $42\,825pa* +
  GST <br/>  <br/>  <br/> To be auctioned as part of CBRE Investment Portf
 olio Auction 186 <br/> 10.30am AEST Wednesday 5th August 2026 <br/> Prome
 nade\, Crown Casino Melbourne. <br/>  <br/>  <br/> Interstate bidding by 
 prior arrangement. <br/>  <br/>  <br/> For further information on Blue Hi
 ppo Laundry\, please see: <br/> https://bluehippolaundry.com.au/ <br/>  <
 br/> For information on other investment opportunities in the campaign\, 
 please see: <br/> http://www .investmentportfolioauction.com.au/186 <br/>
   <br/>  <br/> *approx</P></body></html>
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