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Location
The property is situated approximately five kilometres east of the Melbourne CBD within the Botanicca Corporate Park. Located next to the Yarra River Park precinct, the site has access to sporting facilities and is serviced by both metro rail and tram services as well as the M1 Freeway.
Description
Leasehold car park in the Botanicca Corporate Park.
Asset summary
as at 31 December 2024
Title
Leasehold
Site area
3,756 sqm
Occupancy
100 %
WALE (by income)
2.4 years
Major tenant
Country Road Group
Car parking spaces
93
Valuation summary
Book value
$ 0.4 m
Valuation date
31-Dec-24
Cap rate
-
Discount rate
7.50 %
Location
The property is situated approximately five kilometres east of the Melbourne CBD within the Botanicca Corporate Park. Located next to the Yarra River Park precinct, the site has access to sporting facilities and is serviced by both metro rail and tram services as well as the M1 Freeway.
Description
Leasehold car park in the Botanicca Corporate Park.