42 Queen Street, Warragul

JLL is pleased to present this outstanding Warragul social infrastructure investment for sale - a government leased asset with a strategic regional position.

Key details of the opportunity include:

+ Fully leased to AAA government tenant, Services Australia

+ 7-year lease to February 2031 plus further options

+ Current net passing rent of $345,229 p.a.*

+ Potential for 50% stamp duty concession

+ Basement and at grade carparking for 30 vehicles

+ Purpose built and recently refurbished 796sqm* building

+ 5.5-star NABERS energy rating

+ Prominent 1,701sqm* landholding with dual frontages

+ Prime Warragul CBD location within close proximity to the precinct’s retail hub

+ Positioned 500 metres* from Warragul Train Station

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

42 Queen Street, Warragul 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.

*Approx.