'The Salvation Army HQ', 99 Railway Road, Blackburn VIC 3130

JLL Capital Markets has the privilege of offering 99 Railway Road, Blackburn for sale – a true set and forget investment opportunity.

Key details include:

AAA Covenant & Land Tax Exemption
+ 100% leased to global powerhouse, The Salvation Army, being Australia’s national headquarters for the organisation
+ AAA covenant – active in 133 countries, 111,000+ global employees and an estimated $13.5bn of net assets
+ 12 year lease commenced in October 2022, having begun occupation in 2007
+ 100% land tax exempt
+ Net passing rental of $3,531,435p.a. (as at 30 September)

A First Class Building with Minimal CAPEX Requirements
+ 7,878sqm of NLA across 4-levels
+ Secure basement carparking for 204 vehicles accessible via rear laneway
+ 5.5 Star NABERS energy rating
+ $5m of recent upgrades completed
+ Permit approved for two levels of extension, with additional precedent to build up to 9-levels in total (STCA)

The Location
+ Strategic location within Blackburn’s vibrant commercial precinct, positioned 400m* from Blackburn Station
+ Positioned 100m* from Pace Development’s $150m mixed use project, as well as Box Hill’s major activity precinct just 3km* away

*All figures are approximate.

To obtain further information or to arrange an inspection, please contact the JLL Capital Markets team.

Tim Carr | 0415 767 915
Josh Rutman | 0411 27 37 46
Piper Dedrick | 0422 479 523
MingXuan Li 李名轩 | 0498 688 998

中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 998， 电子邮件： [email protected]， 或微信ID: Mingxuanli777