172-186 Moreland Road, Brunswick VIC

For Sale

Offices

SOLD

4218m2

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.