CBRE is pleased to offer to the market, ‘Blue Hippo Laundry’ Shop 2, 15 Station Street Pakenham VIC, for sale via our Auction Investment Portfolio 186.

• Blue Hippo Laundry, 49 Locations – 10 Year Lease to November 2035 and options to 2045
• Fixed 3.5% rent increases
• Tenant Pays Usual Outgoings excluding Land Tax

+ Blue Hippo: established and successful laundromat chain with 49 locations across Victoria and growing.

+ Fixed 3.5% annual rent increases, assuring future rental growth.

+ Landlord preferred net lease with the tenant responsible for usual outgoings including Management Fees, excluding Land Tax

+ Substantial immaculate 146sqm* premises with dual customer access and exposure, brand new ‘capital intensive’ tenant fit-out.

+ Benefiting from neighbouring Pakenham Train Station car park and childcare centre

+ Single tenant investment, minimum management investment.

+ Lease secured by 6 month Bank Guarantee to the performance of the Lease.

+ Pakenham: central within Melbourne’s major south eastern growth corridor, population estimated to increase 59.9% by 2041

+ Cardinia Shire Council: A rapidly expanding southeastern municipality with a $13.57 billion GRP, driven by massive master-planned residential precincts and over 11,000 local jobs

+ Net Income: $42,825pa* + GST

To be auctioned as part of CBRE Investment Portfolio Auction 186
10.30am AEST Wednesday 5th August 2026
Crown Promenade, Melbourne.

Interstate bidding by prior arrangement.

For further information on Blue Hippo Laundry, please see:
https://bluehippolaundry.com.au/

For information on other investment opportunities in the campaign, please see:
http://www .investmentportfolioauction.com.au/186

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