Cushman & Wakefield Capital Markets Logistics & Industrial team is pleased to offer for sale 4/100 Station Street, Nunawading, a secure investment opportunity located within an extremely tightly held, and rarely traded, inner eastern industrial pocket adjacent the famous ‘Golden Mile’ retail precinct.
Key Highlights include:
- Brand new 4 year lease to internationally listed company, Pearson Education.
- Further option period of 3 years providing potential secure income to November 2030.
- Passing income of $700,000 p.a. ($191/m²) with strong future rental growth prospects.
- Attractive remaining term certain of 3.6 years (as at May 2024).
- Provides a total GLA footprint of 3,674m².
- Tightly held infill precinct with very limited opportunities offered to the market in recent times.
- Perfect last mile location with immediate and significant encroaching residential catchments.
- Excellent connectivity within a prominent location adjacent the ‘Golden Mile’ retail precinct.
- Significant surrounding Government infrastructure expenditure to directly benefit this site.
Note: All figures are approximate as at May 2024
For further information please contact the below exclusive marketing agents.
Chris Jones | +61 477 881 882 | Chris.A.Jones@cushwake.com
Charlie Holmes | +61 439 334 154 | Charlie.Holmes@cushwake.com
Leon Ma 马海翔 | +61 417 070 725 | Leon.Ma@cushwake.com
- Eastern Melbourne
