BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:PRIME RETAIL FREEHOLD - TRUSTED TENANT - TIGHLTY HELD STRIP\nE mmetts is pleased to present to market 64 Puckle Street\, Moonee Ponds fo r sale by Public On-Site Auction on 13th August at 3:00pm (AEST).\n \nPUC KLE STREET - INVEST WITH CONFIDENCE \n\n+ Leased to Australian Red Cross\ , an internationally recognised and trusted institution.\n\n+ Red Cross h ave been in continuous occupation at 64 Puckle Street for over 20 years.\ n\n+ Lease providing a strong rental covenant with annual rental increase s of 3%.\n \n+ Freehold land of 181 sqm* with rear access via Puckle Lane .\n\n+ Building area of 130 sq m*.\n\n+ The charitable nature of the curr ent tenant may enable a successful application for Land Tax Exemption.\n\ n+ Located in one of Melbourne's strongest and most consistently performi ng retail strips. The strip benefits from its strategic position within M elbourne's established inner north-west attracting shoppers from surround ing suburbs.\n\n+ Puckle Street benefits from limited nearby competing re tail strips providing defensive investment characteristics.\n\n+ The stri p is anchored by Woolworths\, Coles\, Kmart and Aldi and is enhanced by i ts abundance of at-grade convenient car parking in addition to ease of tr ansport via Moonee Ponds Station and nearby bus / tram interchange.\n\n+ The location has benefitted in recent years from the Moonee Ponds Activit y Centre Plan (MPAC) which has encouraged medium and high-density develop ment activity immediately surrounding Puckle Street.\n\n+ Over 2\,200* ne w apartments have been developed with more than 1\,800* apartments yet to come.\n \n+ Key growth statistics within the MPAC Plan (2021) include a forecast 224% growth in population\, forecast 96% growth in employment\, an increase in demand for retail space of 34\,841 sq m and an increase in demand for office space of 194\,424 sq m.^\n\n+ This growth in populatio n and employment is expected to continue to add significantly to local re tail expenditure\, providing potential for strong retail rental growth al ong Puckle Street.\n\n64 Puckle Street is for sale by Public On-Site Auct ion on 13th August at 3:00 pm (AEST).\n \n* approximately DTEND:20260813T160000 DTSTAMP:20260713T051748Z DTSTART:20260813T150000 LOCATION:64 Puckle Street\, Moonee Ponds VIC SEQUENCE:0 SUMMARY:Auction: 64 Puckle Street\, Moonee Ponds VIC UID:CRE-2020991167-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

PRIME RETAIL FREEHOLD - TRUSTED TEN ANT - TIGHLTY HELD STRIP
Emmetts is pleased to present to market 64 Puckle Street\, Moonee Ponds for sale by Public On-Site Auction on 13th August at 3:00pm (AEST).

PUCKLE STREET - INVEST WITH CONFID ENCE

+ Leased to Australian Red Cross\, an internationally recognised and trusted institution.

+ Red Cross have been in continuous occupation at 64 Puckle Street for over 20 years.

+ Lease providing a strong rental covenant with annual rental increases of 3%.

+ Freehold land of 181 sqm* with rear access via Pu ckle Lane.

+ Building area of 130 sq m*.

+ The charitable nature of the current tenant may enable a successful applicati on for Land Tax Exemption.

+ Located in one of Melbourne's s trongest and most consistently performing retail strips. The strip benefi ts from its strategic position within Melbourne's established inner north -west attracting shoppers from surrounding suburbs.

+ Puckle Street benefits from limited nearby competing retail strips providing de fensive investment characteristics.

+ The strip is anchored by Woolworths\, Coles\, Kmart and Aldi and is enhanced by its abundance o f at-grade convenient car parking in addition to ease of transport via Mo onee Ponds Station and nearby bus / tram interchange.

+ The location has benefitted in recent years from the Moonee Ponds Activity Ce ntre Plan (MPAC) which has encouraged medium and high-density development activity immediately surrounding Puckle Street.

+ Over 2\,2 00* new apartments have been developed with more than 1\,800* apartments yet to come.

+ Key growth statistics within the MPAC Plan ( 2021) include a forecast 224% growth in population\, forecast 96% growth in employment\, an increase in demand for retail space of 34\,841 sq m an d an increase in demand for office space of 194\,424 sq m.^

+ This growth in population and employment is expected to continue to add significantly to local retail expenditure\, providing potential for stro ng retail rental growth along Puckle Street.

64 Puckle Stree t is for sale by Public On-Site Auction on 13th August at 3:00 pm (AEST).

* approximately

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