622-626 Blackburn Road,
Mount Waverley, VIC 3149

Shops & Retail • Other

Key property information

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Floor area

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Map of 622-626 Blackburn Road

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ASX TOP 50 CALTEX LTD – BRAND NEW 15 YEAR LEASE

Caltex Australia Limited
Well-established metropolitan suburb
Net Income $150,000pa

Strategically positioned and with significant exposure to Blackburn and Ferntree Gully Road’s, the Caltex Service Station represents a rare opportunity to secure a long term leased investment in the well-established metropolitan Melbourne suburb of Mount Waverley. Encompassed by a healthy mix of residential and commercial amenity just over 20 kilometres from the CBD, the property is a strong investment opportunity underpinned by its lease to the ASX50 Caltex Limited.

Key Features Include:

• Brand new 15 year lease to 2032 plus options to 2052
• Caltex Australia Ltd – An ASX50 company founded in
1900 with a market capitilisation of $8.19 Billion
• Large 2,665sqm* site with significant exposure to both Blackburn & Ferntree Gully Road’s – catering for large volumes of commercial and domestic transport
• Close proximity to the Monash University Clayton Campus
• Tenant pays all outgoings (excluding Land Tax)
• Fixed 3% annual increases
• Net Income $150,000 pa + GST
*Approx.

For Sale via auction on Wednesday 18 October 2017 at 10:30am AEDT at the Cushman & Wakefield offices - Level 9, 385 Bourke Street, Melbourne.

For more information, please contact the exclusive agents at Cushman & Wakefield.

Mount Waverley, 3149 demographic data

The median household income for Mount Waverley is $2,066, 9% higher than Greater Melbourne's household income of $1,901. Mount Waverley has an older age profile compared to the rest of Greater Melbourne (median age 40 vs 37). Property ownership data shows 42% of property owners in Mount Waverley have a mortgage.

35,340

Population

$2,066 per week

Median household income

40 years

Median age

Owners

Most residents

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Most households