Victorian State Government Office – Department of Justice

Lots 5b & 9-11/545 McDonalds Road, South Morang VIC

Property Highlights

5 Year lease Plus Options to 2031

Fixed 4% increases - assuring growth

Lessee pays outgoings incl Land Tax

Description

Secure 5 year lease to 2021 plus options to 2031
Fixed 3.5% rent increases assuring growth
Impressive capital intensive high security tenant fit-out
Offering includes Beautician on 5 year net lease to September 2023 with 4% rent increases and security deposit
Tenants pay all usual outgoings – Govt lease includes Land Tax
Quality first level office space with lift access – combined area totalling 936 sqm plus 28 metre exposure to McDonalds Road
Important allocation of 16 on-site car spaces
McDonalds Road: busy thoroughfare connecting Plenty Road to Westfield Plenty Valley Shopping Centre – 15,000+ vehicles daily
South Morang: strategic metro location 24 kms north of Melbourne CBD
Rent: $180,134 pa (September 2019)

Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Gross Building Area
936 Squaremeter

Contact Agents

Raoul Holderhead

+610 413 860304

Scott Meighan

0413 830 709

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