Department of Justice, Lots 5B & 9-11/545 McDonalds Road,
South Morang, VIC 3752
Key property information
Tenanted Investment Details
Victorian State Government Lease, Fixed 3.5% Increases
- Renewed 5 year net lease to 2026
- Tenant pays all usual outgoings
- Capital intensive fitout
+ Quality 863sqm premises with lift access and 28 Meter exposure to McDonalds Road.
+ Includes 146sqm vacancy with rental guarantee providing long term rental uplift.
+ Important 16 on-site car spaces.
+ McDonalds Road, 15,000 vehicles daily connecting Plenty Road to Westfield Plenty Valley Shopping Centre.
+ South Morang- Strategic metro location 24km north of Melbourne.
+ Estimated Net Rent: $185,615 pa + GST.
For Sale for by Private Treaty
Property ID: 503803230Last Updated: 8 Jun 2021