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Sold on 28 Nov 2017

622-626 Blackburn Road Mount Waverley VIC 3149

  • Retail
  • 310 m²
  • Sold

ASX TOP 50 CALTEX LTD – BRAND NEW 15 YEAR LEASE

Strategically positioned and with significant exposure to Blackburn and Ferntree Gully Road’s, the Caltex Service Station represents a rare opportunity to secure a long term leased investment in the well-established metropolitan Melbourne suburb of Mount Waverley. Encompassed by a healthy mix of residential and commercial amenity just over 20 kilometres from the CBD, the property is a strong investment opportunity underpinned by its lease to the ASX50 Caltex Limited.

Key Features Include:

• Brand new 15 year lease to 2032 plus options to 2052
• Caltex Australia Ltd – An ASX50 company founded in
1900 with a market capitilisation of $8.19 Billion
• Large 2,665sqm* site with significant exposure to both Blackburn & Ferntree Gully Road’s – catering for large volumes of commercial and domestic transport
• Close proximity to the Monash University Clayton Campus
• Tenant pays all outgoings (excluding Land Tax)
• Fixed 3% annual increases
• Net Income $150,000 pa + GST
*Approx.

For Sale via auction on Wednesday 18 October 2017 at 10:30am AEDT at the Cushman & Wakefield offices - Level 9, 385 Bourke Street, Melbourne.

For more information, please contact the exclusive agents at Cushman & Wakefield.

AUCTION

Auction date and time18/10/2017 10:30
Auction locationLevel 9, 385 Bourke Road, Melbourne VIC

Property Highlights

Property ID2013865618
Date Sold28 Nov 2017
Floor Area310 m²
Land Area2,665 m²
ParkingOn site parking available
Category
Last updated  6 Oct 2017
Map for 622-626 Blackburn Road Mount Waverley VIC 3149
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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