Rare, Refined, Resilient | Fully Leased, Long WALE, Stamp Duty Free Investment
– 3,508 sqm* extensively refurbished and refined building, plus 3-level basement car park 114 bays total)
– 100% leased $1.75mil* pa (as at 1 September 2025) income to first generational tenants with a resilient Long WALE of 7.03 years*
– Rare stamp duty free advantage
Lemon Baxter is pleased to offer the Mont Albert Collective | 3-7 Hamilton Street, Mont Albert presenting an exceptional opportunity to unlock a 100% leased blue-chip, Long WALE investment that embodies stability, prestige, and long-term value creation.
The key highlights of the opportunity include:
o Outstanding leasing results being 100% leased to high caliber first generation tenants;
o Highly secure cashflow with a long-term WALE of 7.03 years* with average fixed annual increases of 3.28%;
o Net Passing Income of $1,753,786* per annum + GST;
o The recently extensively refurbished six-level commercial property consists of three floors of office and retail space above ground and three levels of basement parking, totalling NLA
3,508 sqm* with 114 car spaces with minimal forecasted future CAPEX;
o The Capital program included roof, mechanical & electrical services, new bathrooms, lift upgrades, new fit-out and high quality end of trip facilities;
o Potential for extremely strong depreciation benefits;
o Large underlying land holding of 1,573 sqm* with a favorable Commercial 1 Zone site, providing the ultimate planning flexibility and alternative exit strategies;
o Tightly held Metro and extremely affluent location being within 12 kms* of the CBD and 1.5 kms* of the Box Hill Town Centre;
o Prominent retail position, with frontage of 31.1m* in the heart of the Mont Albert shopping strip;
o Within walking distance of Union train station which sits on the Belgrave and Lilydale train lines and provides direct access to the Melbourne CBD and One train station from the Box Hill Major Activity Centre.
o 4.5 Star NABERS energy rating.
For Sale by Expressions of Interest closing on Thursday 4th September 2025 at 2pm (AEST).
For further information or to arrange an inspection please contact the exclusive selling agents below:
*Approx
