CBRE Melbourne Metropolitan Sales is offering for sale 33 Brantome Street, Gisborne - a prominent mixed-use retail & office building, fully leased to 4 separate tenants in Gisborne's main retail and commercial area.
+ Commanding 2 level mixed-use retail & office building, with 4 separate tenancies across 737sqm* of building area
+ Diversified and secure net income of $220,543* per annum
+ Favourable WALE of 4.4 years by income + options, fully leased to longstanding tenants including Gisborne Smiles, and Kennedy & Hunt Real Estate
+ 817sqm* Commercial 1 Zone landholding with 18 car spaces on title accessed via the rear
+ Gisborne in the largest town in the Macedon Ranges, being located approximately 49km* north-west of the Melbourne CBD and 30km* to Melbourne Airport
+ Gisborne has evolved into a commuting hub to Melbourne, driving commercial demand from a broad demographic of people and businesses given the close proximity
+ Proximate to retail hubs including Gisborne Central Shopping Centre, Gisborne Village Shopping Centre and Foodworks Supermarket next door, benefiting from excellent levels of customer parking in all directions
+ Positioned at the entrance to the township of Gisborne, one of Victoria's fastest growth regions with annual population increase of 3.70%** - higher than that of Greater Melbourne
+ Surrounded by major forthcoming and established residential estates, injecting thousands of dwellings into the catchment, including Glen Junor Estate (1,400 dwellings*) and "Willow" Gisborne (600 dwellings*)
+ Serviced by various transport options including Gisborne Train Station, multiple bus routes and the Calder Freeway, all providing access to the Melbourne CBD
+ Gisborne serves as a major retail & commercial hub for surrounding towns, recently benefiting from significant increase in residents due to the close proximity to the Melbourne CBD and tranquil regional location. Current projections estimate a 35%*** increase in the immediate population by 2036
33 Brantome Street, Gisborne is for sale via expressions of interest closing Thursday 18th July at 2:00pm.
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
**Location ID
***Forecast ID
