Renewed 3 Year Lease to Federal Government | No further Options - Negotiate Lease or Owner Occupy

Description

CBRE is pleased to offer to the market Centrelink (Services Australia) at 3 Jetty Road, Rosebud VIC for sale via private treaty.
This opportunity has the following key investment highlights:

+ Renewed three (3) year lease to the Commonwealth of Australia to 2028.
+ Centrelink: Essential Service Federal Government welfare department.
+ An important and strategic Centrelink office supporting the greater Mornington Peninsula region.
+ Assured rental growth through fixed annual 3.5% increases.
+ Would also suit owner occupiers with no further options or an opportunity to negotiate a new lease with existing or new tenant.
+ Modern 701sqm* Centrelink and Medicare facility.
+Substantial refurbishments and upgrades completed in November 2022.
+Significant 1,154sqm* site with premium Commercial 1 zoning as well as 8 carparks on-title.
+ Thriving central education, hospitality and retail position with Rosebud Pier, Rosebud Primary, Woolworths, BWS, Coles, McDonalds and other service providers all within 500m*.
+ Rosebud: Fast growing and popular Mornington Peninsula location with easy access to suburbs and Melbourne CBD.
+ Mornington Peninsula: A Victorian tourist mecca with a growing population of 175,153**
+ Estimated Net Income: $322,499pa* + GST

To be sold via private treaty.

* Approx
** Mornington Peninsula Shire -Health and Wellbeing Data Profile 2025.

Enquire

Contact agents
Matthew Wright Senior Director
0458 290 588
Justin Kramersh Director
+61 460 349 605
Mark Foster Junior Sales Associate
0475 454 431
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Rosebud, VIC

3 Jetty Road

For Sale

This property is part of Portfolio 182

Price: Contact Agent

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