451-455 Main Road, Glenorchy TAS

JLL is pleased to present this exceptional Glenorchy social infrastructure investment for sale – a premium dual government tenanted asset with superior sustainability credentials in Tasmania’s strategic northern corridor, as part of the Services Australia Portfolio.

Key details of the opportunity include:

+ Fully leased to AAA covenants - Services Australia and the Tasmanian Electoral Commission

+ 10-year lease to Services Australia commencing August 2022 with additional lease options

+ Combined net passing income of $446,386 p.a.*

+ Secure carparking for 29 vehicles, including two DDA compliant spaces

+ 6-star NABERS energy rating

+ Refurbished 1,135sqm* single level building

+ Triple fronted landholding spanning 2,341sqm*

+ Prime Glenorchy location positioned just 7.5km* north of Hobart CBD with bus stops directly outside

+ Located within 250 metres* of Glenorchy Main Road retail hub

+ Part of a larger portfolio of 5 Services Australia assets across Victoria, South Australia and Tasmania

451-455 Main Road, Glenorchy is For Sale individually or in one line as part of The Services Australia Portfolio via Expressions of Interest closing Wednesday 1 April at 2pm (AEDT).

The Services Australia Portfolio comprises 5 strategic government leased investments, located at:

1. 172-186 Moreland Road, Brunswick VIC
2. 3 William Street, Boronia VIC
3. 42 Queen Street, Warragul VIC
4. 451-455 Main Road, Glenorchy TAS
5. 49-57 Gertrude Street, Port Pirie SA

To obtain further information or to arrange an inspection, please contact the JLL team.

*Approximately

JLL Tasmania

Level 33, 101 Collins Street Melbourne VIC 3000

Australia