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Burgess Rawson - Melbourne
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Centrelink, 5 Techno Park Drive Kings Meadows, TAS 7249

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Centrelink, 5 Techno Park DriveKings Meadows, TAS 7249

Offices • Medical & Consulting
Sold Price

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Land area

1.44ha (3.57 acres)

Floor area

1440.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

09 Aug 2019

Commonwealth Government Facility- Rare Net Lease with Guaranteed Growth

  • 7 Year lease to July 2023 with options
  • Centrelink call centre for 22+ years
  • Recent tenant funded upgrades
7 year lease to July 2023 with options to 2029.
Modern Centrelink call centre facility occupied by Federal.
Government since 1997.
Fixed annual 3.5% rent increases.
Rent for first year of further option period cannot be lower than the previous year’s rent.
Government pays all usual outgoings including Land Tax.
Well maintained 1,440 sqm building with recent upgrades and undergoing further Government funded improvements.
On-title parking for 110 car spaces.
Substantial 1.444ha site surrounded by complimentary tenants Westpac, TasRail and Forico.
Easily managed single tenant investment.
Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3 billion.
A 4.5 Star NABERS Energy Rating
Net Income: $376,964 pa + GST

For Sale by Private Treaty

Property ID: 503253942Last Updated: 16 Sep 2019

Burgess Rawson - Melbourne
Centrelink, 5 Techno Park Drive
Kings Meadows, TAS 7249
Zomart He
Shaun Venables
Beau Coulter

Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000

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Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
Knight Frank - Launceston

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Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
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Zomart He

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Zomart He
Burgess Rawson - Melbourne
Centrelink, 5 Techno Park Drive Kings Meadows, TAS 7249

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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