Burgess Rawson from CBRE are delighted to offer to market 'Mind Australia' at 5 Hollingsworth Drive, Cobblebank VIC for sale via Investment Portfolio Auction 178.
The property has the following key investment highlights:
+ New Five (5) Year lease to October 2029 plus Three (3) further Five (5) Year options to October 2044.
+ Mind Australia Limited: incorporated company and 'not-for-profit' organisation with federal and state Government funding.
+ Mind Australia: Mental health clinic open 7 days with over 60 locations across Australia (1)
+ Prominent 270 sqm* 'triple frontage' ground floor retail/office with direct street and car park frontages with multiple entry points.
+ The property features open plan working spaces, dedicated consulting rooms, boardroom, amenities and kitchen facilities.
+ Strategically positioned amongst education and training facilities and supported by surrounding business' including Supermarket, restaurants, café's and other destination retail.
+ New construction providing tax saving depreciation benefits.
+ Rare fixed, compounding 4% annual rent increases ensuring continued income growth.
+ Landlord preferred net lease terms with tenant paying usual outgoings
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+ Surrounded by booming infrastructure including the future $900M Government funded Melton Hospital, only 600 metres* from the property, 274+ beds and 700 1,700 jobs created. (2)
+ City of Melton: Recognised as one of Australia's fastest growing areas with population anticipated to surge to over 455,980 by 2046, a 89% increase. (3)
+ Net Income: $140,400 pa* + GST (October 2025)
To be sold via Investment Portfolio Auction 178
10:30am AEST Wednesday 6 August 2025
Garden Room, Crown Casino, Melbourne
* Approx
(1) Mind Australia
(2) VHBA
(3) Forecast.id