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622-626 Blackburn Road Mount Waverley, VIC 3149

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622-626 Blackburn Road,
Mount Waverley, VIC 3149

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ASX TOP 50 CALTEX LTD – BRAND NEW 15 YEAR LEASE

  • Caltex Australia Limited
  • Well-established metropolitan suburb
  • Net Income $150,000pa
Strategically positioned and with significant exposure to Blackburn and Ferntree Gully Road’s, the Caltex Service Station represents a rare opportunity to secure a long term leased investment in the well-established metropolitan Melbourne suburb of Mount Waverley. Encompassed by a healthy mix of residential and commercial amenity just over 20 kilometres from the CBD, the property is a strong investment opportunity underpinned by its lease to the ASX50 Caltex Limited.

Key Features Include:

• Brand new 15 year lease to 2032 plus options to 2052
• Caltex Australia Ltd – An ASX50 company founded in
1900 with a market capitilisation of $8.19 Billion
• Large 2,665sqm* site with significant exposure to both Blackburn & Ferntree Gully Road’s – catering for large volumes of commercial and domestic transport
• Close proximity to the Monash University Clayton Campus
• Tenant pays all outgoings (excluding Land Tax)
• Fixed 3% annual increases
• Net Income $150,000 pa + GST
*Approx.

For Sale via auction on Wednesday 18 October 2017 at 10:30am AEDT at the Cushman & Wakefield offices - Level 9, 385 Bourke Street, Melbourne.

For more information, please contact the exclusive agents at Cushman & Wakefield.

Property ID: 502560530Last Updated: 5 Apr 2018

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622-626 Blackburn Road
Mount Waverley, VIC 3149
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
Cushman & Wakefield - Melbourne
Level 9, 385 Bourke Street
MELBOURNE, VIC 3000

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