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.

99 Railway Road, Blackburn is For Sale by International Expressions of Interest closing Wednesday 13 August at 3pm (AEST).

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