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

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

Blackburn

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

Blackburn

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

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

Properties / Sold / Victoria / Blackburn
Tenanted Investment
Selling Method
EOI
Selling Details
Contact the JLL Capital Markets Office Agents
Floor Area
7878 m² (*approx)
Property Type
Health/Medical, Offices
Sub-type
Health Care & Medical, Whole Building
Est. Income
$3,531,435 p/a
Fully Leased
The Salvation Army
Car Spaces
204
Nabers Rating
5.5 Stars
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Sold by JLL
  • 100% Leased to Global Covenant
  • 100% Land Tax Exempt
  • $5m of Recent Upgrades Completed

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

 

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Tenanted Investment
Tenanted Investment

99 Railway Road Investment Summary

Property Type
Health/Medical, Offices
Sub-type
Health Care & Medical, Whole Building
Est. Income
$3,531,435 p/a
Tenant
The Salvation Army
Floor Area
7878 m² (*approx)
Car Spaces
204
Selling Method
EOI
EOI Closing Date
13 Aug 2025 03:00PM
Selling Details
Contact the JLL Capital Markets Office Agents
Nabers Rating
5.5 Stars

Investment Highlights

Sold by JLL
  • 100% Leased to Global Covenant
  • 100% Land Tax Exempt
  • $5m of Recent Upgrades Completed

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

 

Read More
Tenanted Investment

Finance Calculator

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

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