VicRoads, 24-30 Riley Street,
Hamilton, VIC 3300
Offices • Medical & Consulting • Shops & Retail
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
VicRoads, 24-30 Riley Street
Hamilton, VIC 3300
Map of VicRoads, 24-30 Riley Street
Renewed Lease to VicRoads - Essential Service State Government Department
- Vicroads On-site for Circa 30 Years
- Tenant pays Outgoings
- Fixed 3% Annual Rent Increases
+ Renewed 3 year lease to Feb 2023 plus options to 2025
+ VicRoads pay all usual outgoings including building insurance
+ VicRoads: Essential service Victorian State Government transport department
+ Purpose built and well maintained 249 sqm building including vehicle inspection bay
+ Fixed 3% annual rent increases assuring growth
+ Significant 3,118 sqm landholding with valuable 30 car parks on-title
+ Hamilton: Important commercial centre, servicing 30,000+ trade catchment
+ Net Income: $41,148 pa + GST (as at 28 February 2021)
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December
+ VicRoads pay all usual outgoings including building insurance
+ VicRoads: Essential service Victorian State Government transport department
+ Purpose built and well maintained 249 sqm building including vehicle inspection bay
+ Fixed 3% annual rent increases assuring growth
+ Significant 3,118 sqm landholding with valuable 30 car parks on-title
+ Hamilton: Important commercial centre, servicing 30,000+ trade catchment
+ Net Income: $41,148 pa + GST (as at 28 February 2021)
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December
Property ID: 503688242Last Updated: 27 Jan 2021
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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