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DESCRIPTION:High Profile Fully Leased Commercial Freehold Government Funde
 d Tenant Profile on 3\,034sqm\nCBRE is pleased to offer to the market thi
 s high profile fully leased corner position commercial freehold\, to gove
 rnment funded tenant profile\, located at 131-135 Princes Drive Morwell V
 IC & 1 Jane Street Morwell\, via our National Portfolio Auction 184.\n\n-
 	Leases to essential service providers with strong government-backed inco
 me streams (NDIS & community services).\n-	LEASE 1 to Aruma Services Limi
 ted (1 Jane Street)  supported by ~$130M+ annual government funding (NDIS
 )\, underpinning strong income security\n-	LEASE 2 to Uniting Limited (13
 1-135 Princes Drive)  supported by ~$800M+ annual government funding\, pr
 oviding stable\, defensive cashflow\n- 	LEASE 3 to Money Talk Pty Ltd - 3
 3.8sqm secure Storeroom with own entry\n-	Favourable lease structures wit
 h built in rental growth and recoverable outgoings.\n-	Well presented bui
 ldings totalling 1\,279.8sqm with 102sqm frontage and exposure with seale
 d and lined parking on title for 27 cars\n-	Substantial 3\,034sqm corner 
 freehold title with flexible Activity Centre Zoning\n-	Flexible Activity 
 Centre Zoning supports a wide range of commercial\, medical and future de
 velopment outcomes.\n-	Low site coverage providing future upside\, expans
 ion or value-add potential (STCA).\n-	Positioned within the commercial he
 art of Morwell\, servicing the broader Latrobe Valley with access to a re
 gional catchment of 75\,000+ residents\, expanding to over 120\,000 acros
 s the wider region.\n-	Morwell: Benefiting from ongoing government invest
 ment and infrastructure through the Latrobe Valley transition.\n\nEstimat
 ed Net Income: $196\,739 pa + GST\n\nInvestment Portfolio Auction\n10:30a
 m AEST Wednesday 13 May 2026\nGarden Room\, Melbourne Crown Casino\, VIC\
 n\nPlease contact the Team for further information:\n\nShaun Venables 041
 1 860 865\nRachael Fabbro 0412 547 690
DTEND:20260513T113000
DTSTAMP:20260417T093443Z
DTSTART:20260513T103000
LOCATION:Crown Casino - Garden Room - Melbourne
SEQUENCE:0
SUMMARY:Auction: 131-135 Princes Drive\, Morwell VIC
UID:CRE-2020772023-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>High Profile Fully Leased Commercia
 l Freehold Government Funded Tenant Profile on 3\,034sqm <br/> CBRE is pl
 eased to offer to the market this high profile fully leased corner positi
 on commercial freehold\, to government funded tenant profile\, located at
  131-135 Princes Drive Morwell VIC & 1 Jane Street Morwell\, via our Nati
 onal Portfolio Auction 184. <br/>  <br/> -	Leases to essential service pr
 oviders with strong government-backed income streams (NDIS & community se
 rvices). <br/> -	LEASE 1 to Aruma Services Limited (1 Jane Street)  suppo
 rted by ~$130M+ annual government funding (NDIS)\, underpinning strong in
 come security <br/> -	LEASE 2 to Uniting Limited (131-135 Princes Drive) 
  supported by ~$800M+ annual government funding\, providing stable\, defe
 nsive cashflow <br/> - 	LEASE 3 to Money Talk Pty Ltd - 33.8sqm secure St
 oreroom with own entry <br/> -	Favourable lease structures with built in 
 rental growth and recoverable outgoings. <br/> -	Well presented buildings
  totalling 1\,279.8sqm with 102sqm frontage and exposure with sealed and 
 lined parking on title for 27 cars <br/> -	Substantial 3\,034sqm corner f
 reehold title with flexible Activity Centre Zoning <br/> -	Flexible Activ
 ity Centre Zoning supports a wide range of commercial\, medical and futur
 e development outcomes. <br/> -	Low site coverage providing future upside
 \, expansion or value-add potential (STCA). <br/> -	Positioned within the
  commercial heart of Morwell\, servicing the broader Latrobe Valley with 
 access to a regional catchment of 75\,000+ residents\, expanding to over 
 120\,000 across the wider region. <br/> -	Morwell: Benefiting from ongoin
 g government investment and infrastructure through the Latrobe Valley tra
 nsition. <br/>  <br/> Estimated Net Income: $196\,739 pa + GST <br/>  <br
 /> Investment Portfolio Auction <br/> 10:30am AEST Wednesday 13 May 2026 
 <br/> Garden Room\, Melbourne Crown Casino\, VIC <br/>  <br/> Please cont
 act the Team for further information: <br/>  <br/> Shaun Venables 0411 86
 0 865 <br/> Rachael Fabbro 0412 547 690</P></body></html>
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