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CBRE - Melbourne

Westpac, 39-41 Hamilton Place Mount Waverley, VIC 3149

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Westpac, 39-41 Hamilton Place,
Mount Waverley, VIC 3149

Shops & Retail • Development Sites & Land • Other

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CBRE - Melbourne
Sam O'Connell
Jing Jun Heng
Nathan Mufale
Alex Brierley

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
Westpac, 39-41 Hamilton Place
Mount Waverley, VIC 3149

Map of Westpac, 39-41 Hamilton Place

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RARE AAA MOUNT WAVERLEY RETAIL INVESTMENT LEASED TO ASX LISTED WESTPAC BANK

  • Recent 5-Year Triple Net Lease
  • 21 years of occupancy with Westpac
  • Expansive 445sqm* landholding
CBRE Melbourne Metropolitan Sales is delighted to present For Sale a blue-chip freehold retail investment in one of Melbourne's most tightly held retail centres in Hamilton Place, Mount Waverley.

Offered with a recent 5-year net lease to Westpac, 39-41 Hamilton Place offers a land-rich retail investment that Is not to be missed.

The property can be summarised by the following features:

+ A generational freehold retail investment opportunity underpinned by a recent 5-year triple net lease to Westpac returning $118,965 (plus GST) per annum with 3% fixed annual Increases - Tenant Pays All Outgoings Including Land Tax

+ Commanding 445 square metre Commercial 1 Zoned landholding with rear lane access and opportunity for additional levels and future redevelopment (STCA)

+ Premier Hamilton Place location nestled in the heart of the shopping centre, with high levels of passing foot and vehicle traffic

+ Outstanding retail exposure with 10.2 metres* of retail frontage to Hamilton Place with exclusive and high profile signage rights as well as valuable rear access right of way

+ Hamilton Place is incredibly tightly held (<1% vacancy*) and surrounded by national retailers In IGA, Woolworths, Chemist Warehouse, CBA and ANZ as well as over 500 free council car parks and maintains direct access to Mount Waverley Train Station

For further information please contact the sales and marketing agents at CBRE:

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Sam O'Connell
+61 448 910 2...
sam.oconnell@cbre.com

*Denotes Approx.

Property ID: 504429700Last Updated: 18 Jan 2024

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