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DESCRIPTION:2 x Fully Leased Healthcare Investments | Offered Separately\nC
 BRE is offering for sale Level 2 and Level 3\, 26 McCrae Street\, Dandenon
 g\, two fully leased healthcare investments opposite Dandenong Plaza\, eac
 h offered separately by auction.\n\nBoth floors are home to established yo
 uth mental health and support providers.\n\nKey details include:\n\n+ Leve
 l 2: whole floor of 685sqm* NLA occupied by Headspace\, leased to Septembe
 r 2029\, with a further three-year option to 30 September 2032\n+ Level 2 
 passing net income of $164\,180* pa with annual CPI rent reviews \n+ Exten
 sive tenant-funded fit-out on Level 2 valued at approximately $1.2m\n+ Lev
 el 2 occupied by Headspace: Australia's national youth mental health found
 ation. Its Dandenong centre has served the area since 2013 and relocated t
 o the subject property in 2024. The centre supports young people aged 12 t
 o 25 across mental health\, physical health\, work and study.\n+ Level 3: 
 fully leased floor returning $143\,412* pa\n+ Occupied by Youth Support & 
 Advocacy Service (YSAS): a Victorian youth alcohol and drug service. Its D
 andenong site runs day programs\, outreach and family support for young pe
 ople\, serving as a youth and community hub for ages 12 to 25\n+ Ideally p
 ositioned opposite Dandenong Plaza Shopping Centre\, a short walk to Dande
 nong train station and the Dandenong Market\n\nTo be sold by Investment Po
 rtfolio Auction\n10:30am AEDT\, Wednesday 9 December 2026\nRiver Room\, Cr
 own Casino\, Melbourne\n\nScott Hawthorne\n+61 400 861 048\nscott.hawthorn
 e@cbre.com.au\n\nNathan Mufale\n+61 421 224 354\nnathan.mufale@cbre.com.au
DTEND:20261209T113000
DTSTAMP:20261113T045800Z
DTSTART:20261209T103000
LOCATION:Crown Casino - River Room - Melbourne
SEQUENCE:0
SUMMARY:Auction: 2 & 3/26 Mccrae Street\, Dandenong VIC
UID:CRE-2021327669-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>2 x Fully Leased Healthcare Investmen
 ts | Offered Separately <br/> CBRE is offering for sale Level 2 and Level 
 3\, 26 McCrae Street\, Dandenong\, two fully leased healthcare investments
  opposite Dandenong Plaza\, each offered separately by auction. <br/>  <br
 /> Both floors are home to established youth mental health and support pro
 viders. <br/>  <br/> Key details include: <br/>  <br/> + Level 2: whole fl
 oor of 685sqm* NLA occupied by Headspace\, leased to September 2029\, with
  a further three-year option to 30 September 2032 <br/> + Level 2 passing 
 net income of $164\,180* pa with annual CPI rent reviews  <br/> + Extensiv
 e tenant-funded fit-out on Level 2 valued at approximately $1.2m <br/> + L
 evel 2 occupied by Headspace: Australia's national youth mental health fou
 ndation. Its Dandenong centre has served the area since 2013 and relocated
  to the subject property in 2024. The centre supports young people aged 12
  to 25 across mental health\, physical health\, work and study. <br/> + Le
 vel 3: fully leased floor returning $143\,412* pa <br/> + Occupied by Yout
 h Support & Advocacy Service (YSAS): a Victorian youth alcohol and drug se
 rvice. Its Dandenong site runs day programs\, outreach and family support 
 for young people\, serving as a youth and community hub for ages 12 to 25 
 <br/> + Ideally positioned opposite Dandenong Plaza Shopping Centre\, a sh
 ort walk to Dandenong train station and the Dandenong Market <br/>  <br/> 
 To be sold by Investment Portfolio Auction <br/> 10:30am AEDT\, Wednesday 
 9 December 2026 <br/> River Room\, Crown Casino\, Melbourne <br/>  <br/> S
 cott Hawthorne <br/> +61 400 861 048 <br/> scott.hawthorne@cbre.com.au <br
 />  <br/> Nathan Mufale <br/> +61 421 224 354 <br/> nathan.mufale@cbre.com
 .au</P></body></html>
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