Burgess Rawson is pleased to offer to the market the Office of Sheena Watt MP, Brunswick VIC for sale via private treaty.

This opportunity has the following key investment highlights

+ 8 year lease to Victorian Government to 2030 plus options through to 2040
+ Office of Sheena Watt MP – sitting member of the Victorian Legislative Council
+ Desirable fixed 3% annual increases, ensuring future rental growth.
+ Immaculately presented 148sqm* ground floor premises.
+ New development with $400,000 approx capital intensive office fit out.
+ New build, providing significant tax depreciation benefits.
+ Includes 2 car spaces on title.
+ Dual retail frontage of 26+ metres including north side frontage to Wilson Avenue.
+ Central position within high density inner city locale, only metres from Sydney Road and surrounded by public transport, retail and amenities.
+ Close proximity to Barkly Square Shopping Centre anchored by Woolworths, Coles, Kmart, McDonalds & JB Hi-Fi.
+ Short 40 metre walk to Jewell Train Station.
+ Brunswick: in demand, city fringe growth suburb with a median house price growth of 21% since January 2021 and less than 3.5km from the Melbourne CBD**
+ Net Rent $80,855pa + GST (as at December 2024)

For sale via private treaty

*approx.
**realestate.com.au