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Centrelink, 3 Jetty Road Rosebud, VIC 3939

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Centrelink, 3 Jetty Road,
Rosebud, VIC 3939

Medical & Consulting • Offices • Other
Added 2 days ago

Price information

Sale - Auction

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$301,321
Number of Tenants
1 Tenant
Tenants / Type
Government

Private inspections

to arrange a private inspection.

Map of Centrelink, 3 Jetty Road

Directions
  • Bus stops within 5 km of Centrelink, 3 Jetty Road, Rosebud, VIC 3939Distance
    Jetty RdPoint Nepean Rd170 m
    Rosebud Village SC/Point Nepean Rd (Rosebud)228 m
    Adams Ave/Point Nepean Rd (Rosebud)389 m
    Rosebud LibraryMcDowell St441 m
    Ninth Ave/Point Nepean Rd (Rosebud)546 m
    POWERED BY HERE ©
POWERED BY HERE ©

Federal Government Facility | Mornington Peninsula Location

  • Renewed 3 Year Lease to Centrelink
  • Attractive 3.5% Annual Rent Increases
  • Premium Commercial 1 Zoning
Key Investment Highlights

+ Renewed three (3) year lease to the Commonwealth of Australia to 2025 plus option to 2028.
+ Centrelink: Essential Service Federal Government welfare department.
+ An important and strategic Centrelink office supporting the greater Mornington Peninsula region.
+ Assured rental growth through fixed annual 3.5% increases.
+ Modern 701sqm* Centrelink and Medicare facility, secured by Federal Government Income.
+Substantial refurbishments and upgrades completed in November 2022.
+Significant 1,154sqm* site with premium Commercial 1 zoning as well as 8 carparks on-title.
+Easily managed, single tenanted investment.
+ Thriving central education, hospitality and retail position with Rosebud Pier, Rosebud Primary, Woolworths, BWS, Coles, McDonalds and other service providers all within 500m*.
+ Rosebud: Fast growing and popular Mornington Peninsula location with easy access to suburbs and Melbourne CBD.
+ Mornington Peninsula: A Victorian tourist mecca with a growing population of 172,235**
+ Estimated Net Income: $301,321 pa + GST*

To be sold by Investment Portfolio Auction160
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne

*approx
** forecast id.

Property ID: 504267276Last Updated: 19 Dec 2024

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Centrelink, 3 Jetty Road
Rosebud, VIC 3939

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