CBRE is pleased to offer to the market, ‘Blue Hippo’ Tenancy 2 (Lot 3), 260 Highlander Drive Craigieburn VIC for sale via our Auction Investment Portfolio 185.

+ New 10 year lease to April 2036 plus options to 2046.
+ Blue Hippo: established and successful laundromat chain with over 40 locations across Victoria and growing.
+ Fixed 4% annual rent increases, assuring future rental growth.
+ Landlord preferred net lease with the tenant responsible for all usual outgoings.
+ Immaculate premises with the brand new ‘capital intensive’ tenant fit-out.
+ New 2026 construction providing excellent tax saving depreciation benefits.
+ Single tenant investment, minimum management investment.
+ Lease secured by 6 month Bank Guarantee plus personal guarantees to the performance of the Lease.
+ Strategic position neighbouring the newly constructed Craigieburn Village anchored by Coles Supermarket and Liquorland, and further supported by Snap Fitness, Authentic Spices of India, I Love Dumplings, beauty bar, pizza, chiropractor, direct chemist outlet, cafes and more.
+ Craigieburn: established yet rapidly growing suburb in Melbourne’s booming northern growth corridor with population forecast to increase 21% to 96,000 by 2046.
+ Hume City Council: Population 285,384 (2026) forecast to grow a massive 66% to 411,000 by 2046.
+ Net Income: $48,525pa* + GST

To be auctioned as part of CBRE Investment Portfolio Auction 185
10.30am AEST Wednesday 24th June 2026
Garden Room, Crown Casino Melbourne.

Interstate bidding by prior arrangement.

For further information on Blue Hippo Laundry, please see:

Laundromat Craigieburn Highlander

For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/185

*approx
** gap maps