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Care Park/360 St Kilda Road Melbourne VIC 3000

  • Other
  • 1,000 m²
  • For Sale, Contact Agent

CAR PARK INVESTMENT WITH BRAND NEW 7-YEAR LEASE TO INTERNATIONAL OPERATOR

  • Occupied by Highly Established Operator
  • Brand New 7 Year Term
  • Triple Net Lease Structure

+Landlord favoured triple net lease to Care Park, an end-to-end parking service provider, with over 25 years in operation and more than 450 owned and managed car parks across five countries.

+Providing net annual income of $95,000* through a 7 year lease with fixed 2%* annual rental increases.

+Featuring 84 car parking bays within the 'Royal Domain Plaza' apartment building at 360 St Kilda Road, Melbourne.

+Surrounded by a combination of office, residential, retail and hotel accommodation, in addition to the Royal Botanical Gardens located directly opposite.

+Defensive investment asset class, with low operating expenses, increasing demand from commuters and diminishing competition in the car park sector.

Contact one of the sale and marketing agents below for more information:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au

Scott Orchard
+61 425 760 712
Scott.Orchard@cbre.com.au

Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Scott Hawthorne
CBRE Melbourne
Scott Hawthorne
CBRE Melbourne
Jing Jun Heng
CBRE Melbourne
Jing Jun Heng
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne

Property Highlights

Property ID2017232174
Floor Area1,000 m²
Land AreaAsk Agent
Parking84 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 Sep 2021
Map for Care Park/360 St Kilda Road Melbourne VIC 3000
Map for Care Park/360 St Kilda Road Melbourne VIC 3000Care Park/360 St Kilda Road Melbourne VIC 3000
Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Scott Hawthorne
CBRE Melbourne
Scott Hawthorne
CBRE Melbourne
Jing Jun Heng
CBRE Melbourne
Jing Jun Heng
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne

Property Highlights

Property ID2017232174
Floor Area1,000 m²
Land AreaAsk Agent
Parking84 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 Sep 2021
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000
Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Scott Hawthorne
CBRE Melbourne
Scott Hawthorne
CBRE Melbourne
Jing Jun Heng
CBRE Melbourne
Jing Jun Heng
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Nathan Mufale

Nathan Mufale

CBRE Melbourne

Scott Hawthorne

Scott Hawthorne

CBRE Melbourne

Jing Jun Heng

Jing Jun Heng

CBRE Melbourne

Scott Orchard

Scott Orchard

CBRE Melbourne

+61 *** ***
+61 421 224 354

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