Share this property

CBRE - Victoria

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

Directions

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

Shop & Retail • Other

Price information

Sale - Expression of Interest closing Wed 14 Jul

Contact Agent

Key property information

Floor area

Car spaces

Property extent

Tenure type

Expression of Interest

Add to calendar

Private inspections

to arrange a private inspection.
CBRE - Victoria
Care Park, Northbank Place, 545 Flinders Street
Melbourne, VIC 3000
CBRE - Victoria

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Map of Care Park, Northbank Place, 545 Flinders Street

Directions
  • Train stations within 5 km of Care Park, Northbank Place, 545 Flinders Street, Melbourne, VIC 3000Distance
    Southern Cross Station352 m
    Flinders Street Station968 m
    Flagstaff Station975 m
    Melbourne Central Station1.2 km
    Parliament Station1.9 km
    POWERED BY HERE ©
  • Tram stops within 5 km of Care Park, Northbank Place, 545 Flinders Street, Melbourne, VIC 3000Distance
    1-Spencer St/Flinders St (Melbourne City)93 m
    2-Melbourne Aquarium/Flinders St (Melbourne City)143 m
    124-Batman Park/Spencer St (Melbourne City)149 m
    D6-Flinders Street West/637 Flinders St (Docklands)263 m
    124a-Casino/McEc/Clarendon St (Southbank)278 m
    POWERED BY HERE ©
  • Bus stops within 5 km of Care Park, Northbank Place, 545 Flinders Street, Melbourne, VIC 3000Distance
    1-Spencer St/Flinders St (Melbourne City)93 m
    Southern Cross Station/Collins St (Melbourne City)337 m
    Casino East/Queens Bridge St (Southbank)415 m
    1-Flinders St/Queens Bridge St (Melbourne City)424 m
    115-Casino/Southbank/Queens Bridge St (Southbank)449 m
    POWERED BY HERE ©
POWERED BY HERE ©

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 $450,000* 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.

CBRE is offering for sale the car parking component of Northbank Place, 545 Flinders Street, Melbourne CBD via expressions of interest as part of ‘The Care Park Portfolio’ - a collection of nine (9) car park investments, available on an individual, in any combination or in-one-line basis closing 30 June at 2:00pm (AEST)

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

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Property ID: 503838946Last Updated: 18 Jun 2021

Agency contacts

CBRE - Victoria
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
View agency profile

More properties from CBRE - Victoria

Other properties you might be interested in based on the location and property type you are looking at.
progress tick

Sending email...

Email enquiry

Scott Hawthorne

Send to:

Scott Hawthorne
CBRE - Victoria
Care Park, Northbank Place, 545 Flinders Street Melbourne, VIC 3000

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

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call