Care Park, Northbank Place, 545 Flinders Street,
Melbourne, VIC 3000
Key property information
Expression of Interest
Map of Care Park, Northbank Place, 545 Flinders Street
Train stations within 5 km of Care Park, Northbank Place, 545 Flinders Street, Melbourne, VIC 3000 Distance Southern Cross Station 352 m Flinders Street Station 968 m Flagstaff Station 975 m Melbourne Central Station 1.2 km Parliament Station 1.9 kmPOWERED BY HERE © Tram stops within 5 km of Care Park, Northbank Place, 545 Flinders Street, Melbourne, VIC 3000 Distance 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 mPOWERED BY HERE © Bus stops within 5 km of Care Park, Northbank Place, 545 Flinders Street, Melbourne, VIC 3000 Distance 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 mPOWERED 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
+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:
+61 421 224 354
+61 400 861 048
Jing Jun Heng 王敬君
+61 411 059 116
+61 447 974 447
Property ID: 503838946Last Updated: 18 Jun 2021
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