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CBRE - Victoria

Care Park, 2-6 Mundy Street Bendigo, VIC 3550

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Care Park, 2-6 Mundy Street,
Bendigo, VIC 3550

Shop & Retail • Development Sites & Land • Other

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CBRE - Victoria

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Victoria
Care Park, 2-6 Mundy Street
Bendigo, VIC 3550

Map of Care Park, 2-6 Mundy Street

Directions
  • Train stations within 5 km of Care Park, 2-6 Mundy Street, Bendigo, VIC 3550Distance
    Bendigo Station658 m
    POWERED BY HERE ©
  • Bus stops within 5 km of Care Park, 2-6 Mundy Street, Bendigo, VIC 3550Distance
    Mundy St/Myers St (Bendigo)118 m
    Mollison St/Williamson St (Bendigo)293 m
    Williamson St/Myers St (Bendigo)382 m
    Baxter St/McIvor Hwy (East Bendigo)399 m
    McLaren St/Mitchell St (Bendigo)442 m
    POWERED BY HERE ©
POWERED BY HERE ©

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

  • Occupied by Highly Established Operator
  • Brand New 7 Year Term
  • Land Rich Investment
+An expansive 1,360sqm* landholding comprising 44 at grade car parking bays.

+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 $50,000* through a 7 year lease with fixed 2%* annual rental increases.

+Surrounded by government infrastructure projects, including the $90m* Bendigo GovHub development that will centralise a range of government services and accommodate ~1,000 government employees.

+Directly opposite the Bendigo Law Court Development, a landmark civic building delivered by Court Services Victoria that will deliver a state-of-the-art courthouse to the area.

+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:

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

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

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

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

Property ID: 503838954Last Updated: 30 Jul 2021

Agency contacts

CBRE - Victoria
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Scott Hawthorne

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Scott Hawthorne
CBRE - Victoria
Care Park, 2-6 Mundy Street Bendigo, VIC 3550

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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