VicRoads, 24-30 Riley Street,
Hamilton, VIC 3300

Offices • Medical & Consulting • Shops & Retail

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Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

VicRoads, 24-30 Riley Street

Hamilton, VIC 3300

Map of VicRoads, 24-30 Riley Street

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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

Property ID: 503688242Last Updated: 27 Jan 2021

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000