Care Park, 360 St Kilda Road,
Melbourne, VIC 3004
Other • Shops & Retail
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Care Park, 360 St Kilda Road
Melbourne, VIC 3004
Map of Care Park, 360 St Kilda Road
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.
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
+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.
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Property ID: 503838938Last Updated: 8 Mar 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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