JLL Melbourne CBD Sales has the exclusive privilege of offering for sale this high-profile East-End Melbourne CBD car park with significant upside potential.
Key details of the opportunity include:
+ A modern 8-level Melbourne CBD car park of 706 bays + The property is subject to a lease arrangement with a reputable car park operator + Strong redevelopment potential with surrounding high density projects + Exceptional East-End CBD location surrounded by major office buildings, the Theatre District, thousands of new apartments/hotel rooms and the retail core + 7 day per week trade (18 hour daily trade) + The East-End location provides a unique catchment of car park users, including students, shoppers, theatre-goers, office workers and tourists + Extremely tightly held asset class with unprecedented demand for Melbourne CBD car parking and very restricted future supply and the reduction of on-street parking numbers due to the installation of numerous bicycle lanes around the city + Car park investments are, by nature, low cost investments with minimal maintenance and upgrade requirements
Under Instructions from the Receivers and Managers - AL Restructuring
EOI CLOSED - OFFERS UNDER REVIEW
To obtain further information, please contact the exclusive selling agents:
Josh Rutman | 0411 27 37 46 Nick Peden | 0402 011 266 MingXuan Li | 0498 688 998
Major 706-bay multi-level car park Ideal East-End CBD location Central to major catchment area