Savills, in conjunction with Stockdale & Leggo, is pleased to present this prime CBD investment leased to Anglicare, a highly recognised not-for-profit tenant who has undertaken significant capital works to create a modern office environment.
The property comprises a single-level office with reception areas, offices, training spaces and amenities, plus secure undercroft parking and a passenger lift. The offering also includes a small retail tenancy fronting Commercial Road, occupied by Jodie’s Hairworkshop.
Key attributes of the property include:
• 5 + 5-year lease to Anglicare, in occupation since 2017, offering secure income from a highly recognised ‘Not-for-Profit’ organisation
• Returning $171,828 p.a. (May 2026) with significant capital expenditure by Anglicare in the office fit-out including the installation of a lift.
• Substantial 2,300sqm* office building with an extensive, modern fitout undertaken by the tenant with secure undercroft parking for approx. 20 vehicles
• Prominent 2,165 sqm* CBD landholding with dual frontage to Commercial Road & George Street
• Potential 50% stamp duty savings
• Prime Activity Centre location in Morwell, opposite Morwell railway station, servicing a 75,000+^ catchment just 145km* from the Melbourne CBD.
*Approximate
For Sale by Expressions of Interest closing Wednesday 15th April at 2pm
For further information please contact:
Savills
Stephen Bolton - 0419 323 997
Beau Bakhtani - 0412 159 038
Stockdale & Leggo
Jim Demetrios – 0419 335 271
George Demetrios – 0413 776 303
Remember to mention you found this property on CommercialReady
Savills, in conjunction with Stockdale & Leggo, is pleased to present this prime CBD investment leased to Anglicare, a highly recognised not-for-profit tenant who has undertaken significant capital works to create a modern office environment.
The property comprises a single-level office with reception areas, offices, training spaces and amenities, plus secure undercroft parking and a passenger lift. The offering also includes a small retail tenancy fronting Commercial Road, occupied by Jodie’s Hairworkshop.
Key attributes of the property include:
• 5 + 5-year lease to Anglicare, in occupation since 2017, offering secure income from a highly recognised ‘Not-for-Profit’ organisation
• Returning $171,828 p.a. (May 2026) with significant capital expenditure by Anglicare in the office fit-out including the installation of a lift.
• Substantial 2,300sqm* office building with an extensive, modern fitout undertaken by the tenant with secure undercroft parking for approx. 20 vehicles
• Prominent 2,165 sqm* CBD landholding with dual frontage to Commercial Road & George Street
• Potential 50% stamp duty savings
• Prime Activity Centre location in Morwell, opposite Morwell railway station, servicing a 75,000+^ catchment just 145km* from the Melbourne CBD.
*Approximate
For Sale by Expressions of Interest closing Wednesday 15th April at 2pm
For further information please contact:
Savills
Stephen Bolton - 0419 323 997
Beau Bakhtani - 0412 159 038
Stockdale & Leggo
Jim Demetrios – 0419 335 271
George Demetrios – 0413 776 303
Remember to mention you found this property on CommercialReady
188-190 Commercial Road, Morwell, VIC, 3840
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