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172-186 Moreland Road Brunswick, VIC 3056

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172-186 Moreland Road,
Brunswick, VIC 3056

Offices • Shops & Retail • Development Sites & Land

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AAA Government Backed Investment

  • 100% Leased to Commonwealth of Australia
  • New 10 Year Lease
  • Modern Building - Major Recent Upgrades
Savills and Bayley Stuart are delighted to offer for sale this prime office building, which is fully leased to the Commonwealth of Australia (Centrelink), located at 172-186 Moreland Road, Brunswick.

This magnificent two-level office building presents extremely well throughout, and is ideally positioned within the Sydney Road retail precinct, just metres from Moreland Train Station.

The key attributes of the property include:

- A modern two level office building with basement car parking
- New 10 year lease to Centrelink (Commonwealth of Australia)
- 100% leased to the Australian Government with lease expiry of October 2022
- Current Net Rental: $1,352,716 per annum*
- Fully refurbished building with significant recent capital expenditure works completed
- Enormous floor plates with total NLA of 4,218sq m*
- Major inner-city landholding of 3,291sq m*
- High profile location within the Sydney Road retail precinct, and metres to Moreland Train Station
- Unprecedented future redevelopment potential
- NABERS energy rating 5 stars

The opportunity to secure such a high calibre suburban office building of this nature is extremely rare, especially when you consider the prime location, the long-term lease to the most secure of tenants and the enormous inner city land holding. Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.

172-186 Moreland Road, Brunswick is For Sale by Expressions of Interest closing Wednesday 1 July at 2pm.

Property ID: 501584709Last Updated: 15 Jun 2021

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172-186 Moreland Road
Brunswick, VIC 3056
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Bayley Stuart - Melbourne
20/114 William Street
MELBOURNE, VIC 3000

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