RARE AAA MOUNT WAVERLEY RETAIL INVESTMENT LEASED TO ASX LISTED WESTPAC BANK
Westpac, 39-41 Hamilton Place, Mount Waverley VIC 3149
By Negotiation
RetailSize: n/a
Block size: 445 m² approx.
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
Do not miss this this once In a generational retail Investment In one of Melbourne's most tightly held retail precincts.
Weekly Open for Inspection every Friday from 11:30am 12:00pm
Westpac, Mount Waverley is For Sale via Public On-Site Auction Thursday 2nd of November at 2:30pm (AEDT).
For further information or to arrange an inspection please contact the sales and marketing agents at CBRE:
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Sam O'Connell
+61 448 910 251
sam.oconnell@cbre.com
*Denotes Approx.
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
Do not miss this this once In a generational retail Investment In one of Melbourne's most tightly held retail precincts.
Weekly Open for Inspection every Friday from 11:30am 12:00pm
Westpac, Mount Waverley is For Sale via Public On-Site Auction Thursday 2nd of November at 2:30pm (AEDT).
For further information or to arrange an inspection please contact the sales and marketing agents at CBRE:
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Sam O'Connell
+61 448 910 251
sam.oconnell@cbre.com
*Denotes Approx.
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Key details
Property type:
Retail
Block Size:
445 m²*
Other Details
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Block information
Block size: 445m² (approx)
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SummaryMedian sales
Average Age
42 years
Population
35,340
Listing ID: 181962925. This listing has been viewed 5 times. It was first displayed on 28/09/2023 and last updated on 29/12/2023.
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.