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

EOI CLOSED OFFERS UNDER REVIEW

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.