31-41 Buckley Street Morwell VIC 3840

New 10 year lease to 2025 plus options through to 2035.
Attractive fixed annual rent increases.
Tenant pays all usual outgoings including Land Tax.
Latest design 1,324 sqm building with approx. $1.25M capital intensive tenant fit out.
Large 5,920 sqm site over 5 titles with 117 car spaces.
Government tenant minimum management investment.
Significant taxation saving depreciation.
Morwell: Central within Greater Latrobe Valley urban area (population 75,000+) regional hub of Gippsland, 145km east of Melbourne.
Rent: $313,750 pa (year 1 includes rear car park) increasing to $342,650 pa (year 2).

Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne