DIVERSIFIED INCOME STREAM ACROSS 4 TENANCIES + SIGNIFICANT UPSIDE
33 Brantome Street, Gisborne VIC 3437
Contact Agent
OfficeSize: n/a
Block size: 817 m² approx.
CBRE Melbourne Metropolitan Sales is offering for sale 33 Brantome Street, Gisborne - a prominent mixed-use retail & office building, fully leased to 4 separate tenants in Gisborne's main retail and commercial area.
+ Commanding 2 level mixed-use retail & office building, with 4 separate tenancies across 737sqm* of building area
+ Diversified and secure net income of $220,543* per annum
+ Favourable WALE of 4.4 years by income + options, fully leased to longstanding tenants including Gisborne Smiles, and Kennedy & Hunt Real Estate
+ 817sqm* Commercial 1 Zone landholding with 18 car spaces on title accessed via the rear
+ Gisborne in the largest town in the Macedon Ranges, being located approximately 49km* north-west of the Melbourne CBD and 30km* to Melbourne Airport
+ Gisborne has evolved into a commuting hub to Melbourne, driving commercial demand from a broad demographic of people and businesses given the close proximity
+ Proximate to retail hubs including Gisborne Central Shopping Centre, Gisborne Village Shopping Centre and Foodworks Supermarket next door, benefiting from excellent levels of customer parking in all directions
+ Positioned at the entrance to the township of Gisborne, one of Victoria's fastest growth regions with annual population increase of 3.70%** - higher than that of Greater Melbourne
+ Surrounded by major forthcoming and established residential estates, injecting thousands of dwellings into the catchment, including Glen Junor Estate (1,400 dwellings*) and "Willow" Gisborne (600 dwellings*)
+ Serviced by various transport options including Gisborne Train Station, multiple bus routes and the Calder Freeway, all providing access to the Melbourne CBD
+ Gisborne serves as a major retail & commercial hub for surrounding towns, recently benefiting from significant increase in residents due to the close proximity to the Melbourne CBD and tranquil regional location. Current projections estimate a 35%*** increase in the immediate population by 2036
33 Brantome Street, Gisborne is for sale via expressions of interest closing Thursday 18th July at 2:00pm.
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
**Location ID
***Forecast ID
+ Commanding 2 level mixed-use retail & office building, with 4 separate tenancies across 737sqm* of building area
+ Diversified and secure net income of $220,543* per annum
+ Favourable WALE of 4.4 years by income + options, fully leased to longstanding tenants including Gisborne Smiles, and Kennedy & Hunt Real Estate
+ 817sqm* Commercial 1 Zone landholding with 18 car spaces on title accessed via the rear
+ Gisborne in the largest town in the Macedon Ranges, being located approximately 49km* north-west of the Melbourne CBD and 30km* to Melbourne Airport
+ Gisborne has evolved into a commuting hub to Melbourne, driving commercial demand from a broad demographic of people and businesses given the close proximity
+ Proximate to retail hubs including Gisborne Central Shopping Centre, Gisborne Village Shopping Centre and Foodworks Supermarket next door, benefiting from excellent levels of customer parking in all directions
+ Positioned at the entrance to the township of Gisborne, one of Victoria's fastest growth regions with annual population increase of 3.70%** - higher than that of Greater Melbourne
+ Surrounded by major forthcoming and established residential estates, injecting thousands of dwellings into the catchment, including Glen Junor Estate (1,400 dwellings*) and "Willow" Gisborne (600 dwellings*)
+ Serviced by various transport options including Gisborne Train Station, multiple bus routes and the Calder Freeway, all providing access to the Melbourne CBD
+ Gisborne serves as a major retail & commercial hub for surrounding towns, recently benefiting from significant increase in residents due to the close proximity to the Melbourne CBD and tranquil regional location. Current projections estimate a 35%*** increase in the immediate population by 2036
33 Brantome Street, Gisborne is for sale via expressions of interest closing Thursday 18th July at 2:00pm.
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
**Location ID
***Forecast ID
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Key details
Garage Spaces:
18
Property type:
Office
Block Size:
817 m²*
Other Details
Lot:
8
Plan:
PS341131
Legal description:
8\PS341131
Maps and area information
Block information
Block size: 817m² (approx)
Legal description: 8\PS341131
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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SummaryMedian sales
Average Age
42 years
Population
10,142
Listing ID: 182586284. This listing has been viewed 0 times. It was first displayed on 07/06/2024 and last updated on 25/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.