'Eden Car Park', 677 Victoria Street,
Abbotsford, VIC 3067
Key property information
Expression of Interest
Map of 'Eden Car Park', 677 Victoria Street
Train stations within 5 km of 'Eden Car Park', 677 Victoria Street, Abbotsford, VIC 3067 Distance Hawthorn Station 1.4 km Burnley Station 1.9 km North Richmond Station 1.9 km Collingwood Station 2 km West Richmond Station 2 kmPOWERED BY HERE © Tram stops within 5 km of 'Eden Car Park', 677 Victoria Street, Abbotsford, VIC 3067 Distance 25-River BVD/Victoria St (Richmond) 81 m 24-Burnley St/Victoria St (Richmond) 356 m 27-Findon Cres/Barkers Rd (Kew) 580 m 23-Leslie St/Victoria St (Richmond) 580 m 27-Findon St/Barkers Rd (Hawthorn) 588 mPOWERED BY HERE © Bus stops within 5 km of 'Eden Car Park', 677 Victoria Street, Abbotsford, VIC 3067 Distance Caritas Christi Hospice/Studley Park Rd (Kew) 648 m Hume St/Studley Park Rd (Kew) 662 m Walmer St/Studley Park Rd (Kew) 926 m Dunlop Ave/Studley Park Rd (Kew) 948 m Thornton St/Studley Park Rd (Kew) 952 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 $220,000* through a 7 year lease with fixed 2%* annual rental increases.
+Featuring 121 car parking bays within ‘Eden’, which forms part of Acacia Place, comprising 3 apartment buildings – Eden, Haven and Sanctuary – containing various common areas, rooftops, lifestyle amenities and a commercial hub including two cafés.
+Opposite Victoria Gardens Shopping Centre, the largest sub-regional shopping centre within 3km* of the Melbourne CBD, home to global & national brands including IKEA, Coles, Hoyts Cinemas and around 80 specialty retailers serving as a major attraction in the area.
+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 ‘Eden’ at 677 Victoria Street, Abbotsford 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
+61 425 760 712
Property ID: 503838942Last Updated: 18 Jun 2021
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