UBX, 5/166 Whitehorse Road,
Blackburn, VIC 3130
Shops & Retail
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
UBX, 5/166 Whitehorse Road
Blackburn, VIC 3130
Map of UBX, 5/166 Whitehorse Road
Brand New 10 Year Lease to 2032 | High Exposure Whitehorse Road Investment
- New 10-Year Lease to 2032 plus options
- Fixed Annual Rent Increases
- Tenant Responsible for Usual Outgoings
Burgess Rawson is pleased to offer to the market UBX Boxing + Strength at 5/166 Whitehorse Road, Blackburn VIC for sale via Investment Portfolio Auction 157.
The property has the following investment highlights:
+New 10-year lease to September 2032 plus options to 2042.
+UBX: rapidly expanding boxing and strength club with over 90 locations across the globe.
+Landlord favourable net lease terms with tenant paying all usual outgoings.
+Annual fixed rent increases, assuring rental growth.
+6-month security deposit.
+Immaculate 175sqm* premises with brand-new high-quality tenant fitout.
+2 secure underground car parks on-title.
+Brand new construction offering significant potential depreciation benefits.
+Perfectly positioned within Pace’s Blackburn development, incorporating 289 apartments, and complimented by a plethora of leading retailers Foodworks Supermarket, Jellis Craig, Daiku Japanese, The Studio Beans, Talon's Nail Salon and more, 2km from the Eastern Freeway.
+Pace of Blackburn, delivered by Pace Development Group who have delivered more than 100 projects across Melbourne.
+Whitehorse Road: major eastern suburbs arterial with an average of 37,000 vehicles passing daily.**
+Surrounded by important social infrastructure including 9 schools servicing over 8,000 full-time students within a 2.5km radius.**
+Positioned less than 2km from the Eastern Freeway, a major arterial. *
+Blackburn: median house price growth of 13.9% since January 2021.***
+Blackburn: established Metro Melbourne suburb, population forecast to grow 25% by 2031.****
+Net Income: $65,625 pa* + GST
To be sold via Investment Portfolio Auction:
10:30am (AEDT) Wednesday 7 December 2022
Crown Casino – River Room
*Approx
**Gap Maps
***Realestate.com.au
****Urbis
The property has the following investment highlights:
+New 10-year lease to September 2032 plus options to 2042.
+UBX: rapidly expanding boxing and strength club with over 90 locations across the globe.
+Landlord favourable net lease terms with tenant paying all usual outgoings.
+Annual fixed rent increases, assuring rental growth.
+6-month security deposit.
+Immaculate 175sqm* premises with brand-new high-quality tenant fitout.
+2 secure underground car parks on-title.
+Brand new construction offering significant potential depreciation benefits.
+Perfectly positioned within Pace’s Blackburn development, incorporating 289 apartments, and complimented by a plethora of leading retailers Foodworks Supermarket, Jellis Craig, Daiku Japanese, The Studio Beans, Talon's Nail Salon and more, 2km from the Eastern Freeway.
+Pace of Blackburn, delivered by Pace Development Group who have delivered more than 100 projects across Melbourne.
+Whitehorse Road: major eastern suburbs arterial with an average of 37,000 vehicles passing daily.**
+Surrounded by important social infrastructure including 9 schools servicing over 8,000 full-time students within a 2.5km radius.**
+Positioned less than 2km from the Eastern Freeway, a major arterial. *
+Blackburn: median house price growth of 13.9% since January 2021.***
+Blackburn: established Metro Melbourne suburb, population forecast to grow 25% by 2031.****
+Net Income: $65,625 pa* + GST
To be sold via Investment Portfolio Auction:
10:30am (AEDT) Wednesday 7 December 2022
Crown Casino – River Room
*Approx
**Gap Maps
***Realestate.com.au
****Urbis
Blackburn, 3130 demographic data
The median household income for Blackburn is $2,065, 9% higher than Greater Melbourne's household income of $1,901. Blackburn has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 44% of property owners in Blackburn have a mortgage.
14,478
Population
$2,065 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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