338-340 Clarendon Street,
South Melbourne, VIC 3205

- 100% leased to publicly listed national tenant Bendigo Bank (MKT CAP. $5.50B*)

- Net annual income of $209,803^ with fixed 3% annual rental increases

- Favourable lease structure with all outgoings paid by the tenant (including land tax)

- Positioned in the heart of the iconic Emerald Hill precinct, benefiting from 24-7 trading conditions supported by a strong residential population, office precinct & tourism hot spots Albert Park & the South Melbourne Markets

- Under-developed dual fronted landholding of some 276sqm*, with 10m* of Clarendon Street frontage and untapped future potential for development (STCA)

- Situated in one of Melbourne's highest growth locations, with in excess of 1,800* residential dwellings currently under construction in the immediate area

*Approximately
^Approx. Income as at 1st July 2018

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

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

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

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