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14-22 Grey Street, Traralgon, Vic 3844

14-22 Grey Street, Traralgon, Vic 3844

Offices

  • Sold Contact Agent
  • Wed 10-Jul-19

HIGH YIELDING GOVERNMENT LEASED INVESTMENT

  • New 7-year lease
  • Long term tenant since 1991
  • Net Passing Income of $3.48 million* pa

  • Land Area
  • 1.09ha (2.70 acres) (approx)
  • Floor Area
  • 8,386 m²
  • Last Updated
  • Jul 10, 2019
  • Energy Efficiency Rating
  • 3.0-star NABERS Energy Rating
  • Car Spaces
  • 271
  • Zoning
  • Commercial 1 Zone and Public Park & Recreation Zone

Interested in this property? Contact an Agent today

Colliers International - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd

Chadstone Vic 3148

Dawkins Occhiuto - Cremorne

95 Cubitt Street

Cremorne Vic 3121

Andrew Dawkins, Dawkins Occhiuto - Cremorne
Andrew Dawkins

HIGH YIELDING GOVERNMENT LEASED INVESTMENT

Colliers International and Dawkins Occhiuto are pleased to present for sale 14-22 Grey Street, Traralgon.

14-22 Grey Street, Traralgon provides the rare opportunity to purchase a high yielding Government leased investment. The significant three level office building was originally constructed in 1991 and has been occupied by the Government ever since.

The investment is located within one of the most economically diverse municipalities in Victoria. Traralgon has been identified as the largest and fastest growing city in the Greater Latrobe Valley and is a regional city of choice for Government with major occupants including EPA Victoria and WorkSafe.

Key features of the property include:

- 3 level office building with approximately 8,386m²* of NLA
- 271 undercroft and at-grade car spaces
- New 7-year lease to the Government from 1 September 2018
- Net passing rental of $3,481,813 per annum* with 3.50% fixed annual increases
- Significant site area of 10,929m²*
- 3-Star NABERS rating
- Located in the largest and fastest growing city in the Greater Latrobe Valley

Should you wish to arrange a building inspection,

14-22 Grey Street, Traralgon, Vic 3844

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