Victorian State Government Lease, Fixed 3.5% Increases

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

Property Highlights

Renewed 5 year net lease to 2026
Tenant pays all usual outgoings
Capital intensive fitout
Register to Bid


+ Outstanding location within well established retail and office precinct.
+ Quality 863sqm premises with lift access and 28 Meter exposure to McDonalds Road.
+ Includes 146sqm vacancy with rental guarantee providing long term rental uplift.
+ Important 16 on-site car spaces.
+ McDonalds Road, 15,000 vehicles daily connecting Plenty Road to Westfield Plenty Valley Shopping Centre.
+ South Morang- Strategic metro location 24km north of Melbourne.
+ Estimated Net Rent: $185,615 pa + GST.

For Sale for by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne

Property Details

Current Tenant
Occupancy Type
Building Area
863 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights