JLL has the privilege of offering this exceptional Brunswick social infrastructure investment for sale – a premium government leased asset with outstanding income security, as part of the Services Australia Portfolio.
Key details of the opportunity include:
+ 100% leased to essential Government covenant, Services Australia
+ AAA covenant, providing $263bn in annual payments through Medicare, Centrelink, Child Support and myGov
+ 9-year lease commenced in February 2023, being in occupation since 1999
+ Current net passing rent of $2,091,767 p.a.*
+ 4,218sqm NLA refurbished building across 2-levels
+ Secure basement carparking for 79 vehicles accessible via Cozens Street
+ 5.5-star NABERS energy rating
+ Major triple fronted landholding of 3,291sqm* with strong future redevelopment potential (STCA)
+ Strategic inner northern location within 100 metres* to Moreland Train Station and the Sydney Road retail hub
+Part of a larger portfolio of 5 Services Australia assets across Victoria, South Australia and Tasmania
172-186 Moreland Road, Brunswick VIC is For Sale individually or in one line as part of The Services Australia Portfolio via Expressions of Interest closing Wednesday 1 April at 2pm (AEDT).
The Services Australia Portfolio comprises 5 strategic government leased investments, located at:
172-186 Moreland Road, Brunswick VIC
3 William Street, Boronia VIC
42 Queen Street, Warragul VIC
451-455 Main Road, Glenorchy TAS
49-57 Gertrude Street, Port Pirie SA
To obtain further information or to arrange an inspection, please contact the JLL team.
*Approximately
STCA – Subject to Council Approval
100% Leased to Government Tenant
9-Year Lease from March 2023
Major 3,291sqm* Landholding
Remember to mention you found this property on CommercialReady
JLL has the privilege of offering this exceptional Brunswick social infrastructure investment for sale – a premium government leased asset with outstanding income security, as part of the Services Australia Portfolio.
Key details of the opportunity include:
+ 100% leased to essential Government covenant, Services Australia
+ AAA covenant, providing $263bn in annual payments through Medicare, Centrelink, Child Support and myGov
+ 9-year lease commenced in February 2023, being in occupation since 1999
+ Current net passing rent of $2,091,767 p.a.*
+ 4,218sqm NLA refurbished building across 2-levels
+ Secure basement carparking for 79 vehicles accessible via Cozens Street
+ 5.5-star NABERS energy rating
+ Major triple fronted landholding of 3,291sqm* with strong future redevelopment potential (STCA)
+ Strategic inner northern location within 100 metres* to Moreland Train Station and the Sydney Road retail hub
+Part of a larger portfolio of 5 Services Australia assets across Victoria, South Australia and Tasmania
172-186 Moreland Road, Brunswick VIC is For Sale individually or in one line as part of The Services Australia Portfolio via Expressions of Interest closing Wednesday 1 April at 2pm (AEDT).
The Services Australia Portfolio comprises 5 strategic government leased investments, located at:
172-186 Moreland Road, Brunswick VIC
3 William Street, Boronia VIC
42 Queen Street, Warragul VIC
451-455 Main Road, Glenorchy TAS
49-57 Gertrude Street, Port Pirie SA
To obtain further information or to arrange an inspection, please contact the JLL team.
*Approximately
STCA – Subject to Council Approval
100% Leased to Government Tenant
9-Year Lease from March 2023
Major 3,291sqm* Landholding
Remember to mention you found this property on CommercialReady
172-186 Moreland Road, Brunswick, VIC, 3056
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis