BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:New 5-Year Triple Net Lease to State Government\nColliers and CRS Property are pleased to present 7-9 & 11 Hazelwood Road\, Morwell for sale by Expressions of Interest closing on Wednesday\, 15th July 2.00pm (AEST).\n\nKey investment highlights include:\n\n• Modern social infrast ructure asset of 2\,219sqm* NLA\n• 100% leased to the State Government ( Department of Families\, Fairness and Housing) for 5 years from 23 April 2025 plus 2 x 3 year options\n• Net passing income of $512\,500 p.a. + G ST\n• 34 secure on-grade car parks\n• Substantial Activity Centre Zoned site of 1\,906sqm*\n• Longstanding and committed tenant who has occupie d the property for over 20 years and plans to project manage a $250\,000 internal refurbishment during 2026\n• Situated in Morwell's Civic Centre with an agglomeration of government occupiers serving as one of the key administrative centres for the City of Latrobe and Victoria's Gippsland r egion\n• Excellent connectivity situated just 600m* from Morwell Station and 1.5km* to Princes Freeway (M1) providing easy access to Melbourne an d the broader Gippsland region\n• Potential 50% Stamp Duty Savings\n\nFo r further information\, please contact the exclusive agents\n\nColliers:\ nAlex Browne - +61 418 350 545\nEddie Foulkes - +61 405 890 960\n\nCRS Pr operty:\nRoss Mercorillo - +61 418 227 354\nLou Montalti - +61 488 553 45 5\n\n*-approximately DTEND:20260715T140000 DTSTAMP:20260602T025908Z DTSTART:20260715T140000 LOCATION:Colliers SEQUENCE:0 SUMMARY:Expression Of Interest: 7-9 & 11 Hazelwood Road\, Morwell VIC UID:CRE-2020884702-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

New 5-Year Triple Net Lease to Stat e Government
Colliers and CRS Property are pleased to present 7-9 & 11 Hazelwood Road\, Morwell for sale by Expressions of Interest closing on Wednesday\, 15th July 2.00pm (AEST).\n
\n
Key investment h ighlights include:\n
\n
• Modern social infrastructure asset of 2\,219sqm* NLA\n
• 100% leased to the State Government (Depart ment of Families\, Fairness and Housing) for 5 years from 23 April 2025 p lus 2 x 3 year options\n
• Net passing income of $512\,500 p.a. + GST\n
• 34 secure on-grade car parks\n
• Substantial Activi ty Centre Zoned site of 1\,906sqm*\n
• Longstanding and committed tenant who has occupied the property for over 20 years and plans to proje ct manage a $250\,000 internal refurbishment during 2026\n
• Situa ted in Morwell's Civic Centre with an agglomeration of government occupie rs serving as one of the key administrative centres for the City of Latro be and Victoria's Gippsland region\n
• Excellent connectivity situ ated just 600m* from Morwell Station and 1.5km* to Princes Freeway (M1) p roviding easy access to Melbourne and the broader Gippsland region\n
• Potential 50% Stamp Duty Savings\n
\n
For further inform ation\, please contact the exclusive agents\n
\n
Colliers:\n
Alex Browne - +61 418 350 545\n
Eddie Foulkes - +61 405 890 9 60\n
\n
CRS Property:\n
Ross Mercorillo - +61 418 227 3 54\n
Lou Montalti - +61 488 553 455\n
\n
*-approximatel y

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