Stonebridge is pleased to offer for sale the penthouse office investment located at the Eastlink Towers, Dandenong South.
The key highlights of the opportunity include:
- 100% leased to Bolton Clarke, an International Name in Aged Care Services, originally established in 1885
- Bolton Clarke stand as Australasia’s largest provider of Aged Care Services, generating annual revenue of $510 million+ and employing 4,000+ people throughout 7 countries
- The established operator leases the space on a favourable 5-year term with fixed 3% annual increases (options through to 2036)
- The opportunity comprises 930 sqm* of brand-new office space, that has been fully fitted by Bolton Clarke – highlighting a high level of commitment to the space
- Bolton Clarke enjoys the convenience of 40 on-title car parks (36 secure undercover & 4 visitor spaces) – a major advantage for Bolton Clarke & any future tenants
- Forming the penthouse office of the prominent EastLink Towers development – the major office project servicing Melbourne’s largest manufacturing precinct
- EastLink Towers are well connected, bookended between the EastLink Toll Road (500 m*) and $355 million* of under construction projects – notably Salta’s intermodal freight terminal (inland port) that will further bolster the longevity of the manufacturing precinct
- Dandenong South is Melbourne's most limited Industrial precinct in terms of vacant supply of land and has the second highest development rate - indicating strong demand for office within the precinct
- Providing annual income of $422,300*
*Approximate
^www.planning.vic.gov.au
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Ian Lam ???
0416 621 859
Property Code: 477