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Care Park/Northbank Place, 545 Flinders Street Melbourne VIC 3000

  • Shop & Retail
  • 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 $400,000* through a 7 year lease with fixed 2%* annual rental increases.

+Featuring 200* car parking bays split over 5 levels in a multi deck configuration within the 'Northbank Place' apartment building at 545 Flinders Street, Melbourne CBD.

+Close to Crown Casino, Southern Cross Railway Station, Sea Life Aquarium and King Street's nightlife precinct.

+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

Alex Brierley
+61 447 974 447
alex.brierley@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
Alex Brierley
CBRE Melbourne
Alex Brierley
CBRE Melbourne

Property Highlights

Property ID2017232176
Floor Area1,000 m²
Land AreaAsk Agent
Parking200 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  6 Sep 2021
Map for Care Park/Northbank Place, 545 Flinders Street Melbourne VIC 3000
Map for Care Park/Northbank Place, 545 Flinders Street Melbourne VIC 3000Care Park/Northbank Place, 545 Flinders 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
Alex Brierley
CBRE Melbourne
Alex Brierley
CBRE Melbourne

Property Highlights

Property ID2017232176
Floor Area1,000 m²
Land AreaAsk Agent
Parking200 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
Alex Brierley
CBRE Melbourne
Alex Brierley
CBRE Melbourne
Nathan Mufale

Nathan Mufale

CBRE Melbourne

Scott Hawthorne

Scott Hawthorne

CBRE Melbourne

Jing Jun Heng

Jing Jun Heng

CBRE Melbourne

Alex Brierley

Alex Brierley

CBRE Melbourne

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

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