'The Salvation Army HQ', 99 Railway Road,
Blackburn, VIC 3130
Offices • Medical & Consulting • Other
Key property information
Floor area
Car spaces
NABERS
Sold on
JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
'The Salvation Army HQ', 99 Railway Road
Blackburn, VIC 3130
Map of 'The Salvation Army HQ', 99 Railway Road
SOLD by JLL
- 100% Leased to Global Covenant
- 100% Land Tax Exempt
- $5m of Recent Upgrades Completed
JLL Capital Markets has the privilege of offering 99 Railway Road, Blackburn for sale – a true set and forget investment opportunity.
Key details include:
AAA Covenant & Land Tax Exemption
+ 100% leased to global powerhouse, The Salvation Army, being Australia’s national headquarters for the organisation
+ AAA covenant – active in 133 countries, 111,000+ global employees and an estimated $13.5bn of net assets
+ 12 year lease commenced in October 2022, having begun occupation in 2007
+ 100% land tax exempt
+ Net passing rental of $3,531,435p.a. (as at 30 September)
A First Class Building with Minimal CAPEX Requirements
+ 7,878sqm of NLA across 4-levels
+ Secure basement carparking for 204 vehicles accessible via rear laneway
+ 5.5 Star NABERS energy rating
+ $5m of recent upgrades completed
+ Permit approved for two levels of extension, with additional precedent to build up to 9-levels in total (STCA)
The Location
+ Strategic location within Blackburn’s vibrant commercial precinct, positioned 400m* from Blackburn Station
+ Positioned 100m* from Pace Development’s $150m mixed use project, as well as Box Hill’s major activity precinct just 3km* away
*All figures are approximate.
To obtain further information or to arrange an inspection, please contact the JLL Capital Markets team.
Tim Carr | 0415 767 9...
Josh Rutman | 0411 27 37 ...
Piper Dedrick | 0422 479 5...
MingXuan Li 李名轩 | 0498 688 9...
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 9...， 电子邮件： Mingxuan.Li@jll.com， 或微信ID: Mingxuanli777
Key details include:
AAA Covenant & Land Tax Exemption
+ 100% leased to global powerhouse, The Salvation Army, being Australia’s national headquarters for the organisation
+ AAA covenant – active in 133 countries, 111,000+ global employees and an estimated $13.5bn of net assets
+ 12 year lease commenced in October 2022, having begun occupation in 2007
+ 100% land tax exempt
+ Net passing rental of $3,531,435p.a. (as at 30 September)
A First Class Building with Minimal CAPEX Requirements
+ 7,878sqm of NLA across 4-levels
+ Secure basement carparking for 204 vehicles accessible via rear laneway
+ 5.5 Star NABERS energy rating
+ $5m of recent upgrades completed
+ Permit approved for two levels of extension, with additional precedent to build up to 9-levels in total (STCA)
The Location
+ Strategic location within Blackburn’s vibrant commercial precinct, positioned 400m* from Blackburn Station
+ Positioned 100m* from Pace Development’s $150m mixed use project, as well as Box Hill’s major activity precinct just 3km* away
*All figures are approximate.
To obtain further information or to arrange an inspection, please contact the JLL Capital Markets team.
Tim Carr | 0415 767 9...
Josh Rutman | 0411 27 37 ...
Piper Dedrick | 0422 479 5...
MingXuan Li 李名轩 | 0498 688 9...
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 9...， 电子邮件： Mingxuan.Li@jll.com， 或微信ID: Mingxuanli777
Blackburn, 3130 demographic data
14,478
Population
$2,065 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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