Centrelink & Medicare – Government Investment Freehold

SOLD

125 High Street

Hastings VIC 3915

Offices

FOR SALE

812m2

Ray White Commercial is proud to present this prime corner freehold purpose built facility in the heart of Hastings. Centrelink and Medicare have been in occupation since completion in 2010.
The property boasts the following:

*Renewed 5 year lease to the Commonwealth of Australia
*Fixed 3% annual increases
*Gross Rental | $243,600 per annum approximately
*Two further lease options
*Modern Centrelink & Medicare facility secured by the Federal Government
*Significant land holding | 1,324m2 approximately
*Building area | 812m2 approximately
*Zoning | Commercial 1
*On site car parking at rear with street parking on High Street
*Tax depreciation benefits