JLL is pleased to present this exceptional Government backed social infrastructure investment for sale - a rare A grade government anchored asset positioned within Melbourne’s eastern growth corridor.
Key details of the opportunity include:
+ Majority leased to AAA government tenant, Services Australia
+ 8-year lease commenced in January 2023 with further options
+ Significant depreciation benefits available
+ Estimated fully leased net rent of $633,009 p.a.*
+ Refurbished 1,398sqm* building with light to all sides
+ Rare basement car parking for 54 vehicles
+ 5-star NABERS energy rating
+ Major underlying landholding of 2,331sqm*
+ Strategically positioned within the Boronia Activity Centre precinct, being 200 metres* from Boronia Train Station
+ Part of a larger portfolio of 5 Services Australia assets across Victoria, South Australia and Tasmania
3 William Street, Boronia 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.
*Approx.
Majority Leased to Government Tenant
Leased Until 2031 Plus Options
Refurbished 1,398sqm* Purpose Built Asset
Remember to mention you found this property on CommercialReady
JLL is pleased to present this exceptional Government backed social infrastructure investment for sale - a rare A grade government anchored asset positioned within Melbourne’s eastern growth corridor.
Key details of the opportunity include:
+ Majority leased to AAA government tenant, Services Australia
+ 8-year lease commenced in January 2023 with further options
+ Significant depreciation benefits available
+ Estimated fully leased net rent of $633,009 p.a.*
+ Refurbished 1,398sqm* building with light to all sides
+ Rare basement car parking for 54 vehicles
+ 5-star NABERS energy rating
+ Major underlying landholding of 2,331sqm*
+ Strategically positioned within the Boronia Activity Centre precinct, being 200 metres* from Boronia Train Station
+ Part of a larger portfolio of 5 Services Australia assets across Victoria, South Australia and Tasmania
3 William Street, Boronia 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.
*Approx.
Majority Leased to Government Tenant
Leased Until 2031 Plus Options
Refurbished 1,398sqm* Purpose Built Asset
Remember to mention you found this property on CommercialReady
3 William Street, Boronia, VIC, 3155
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