UNPRECEDENTED INVESTMENT OPPORTUNITY FOR THE HOTEL AND LIVING SECTORS
JLL has been exclusively appointed to offer for sale Nesuto Docklands, a fully leased apartment building in one of Melbourne's most soughtafter locations.
This brand-new building features 211 studio, one and two bedroom apartments which range in size from 33-69sqm across a total NLA of 8,743sqm. Each apartment enjoys stunning views and has access to a high-tech gymnasium and extensive car parking.
Leased until 2032 with two ten-year options, the asset benefits from a head lease to Nesuto, a subsidiary of Daiwa House (~A$25 billion market capitalisation). Net Income is $5,787,155 (2024 Budgeted Net Rental Income)
The property enjoys a prime location within a vibrant mixed use urban village comprising retail, F&B, entertainment, and residential. Occupiers within the precinct include O'Brien Icehouse, HOYTS, Woolworths, Dan Murphys, Urban Alley Brewery, UNIQLO, H&M, and many other retailers.
Nesuto Docklands is also walking distance to all of Docklands/Marvel Stadium, has excellent connectivity to the CBD (within free tram zone), while 50% of Melbourne is within a 30-minute drive.
The sale of Nesuto Docklands presents an unprecedented opportunity for hotel and living sector investors.
Offered for sale via Expressions of Interest closing 28th September 2023 at 2pm.
For more information, please contact the below exclusive selling agents.
