75 Moore Street, Footscray - AAA Government Tenanted Investment! - PCRE

AAA Government Tenanted Investment!

AAA Government Tenanted Investment!
75 Moore Street, Footscray

Offices

$20M

Sale

• Australian Federal Government Leased Freehold Building.
• AAA Tenanted Investment.
• 7+3+3 Year Lease (Commenced Nov 2022).

Perpetual Commercial Real Estate is proud to offer for your consideration an outstanding high-profile office building.

Presenting a securely leased freehold asset, 75 Moore Street offers a stable investment backed by a long-term lease to the Australian Federal Government. This property ensures certainty of tenure with a strong lease covenant to Centrelink (Services Australia).

Featuring:
• Net Income of approximately $1,103,220. pa. with 3.5% fixed increases.
• Purpose built for Centrelink in 2012.
• Building size of approximately 2,259sqm of NLA over 2 levels plus basement car parking for 40 vehicles.
• Land size approximately 1,697sqm of Activity Centre Zone (ACZ1).
• Strong land banking potential and zoning supports future development upside of up to 10-levels (STCA).
• 250m from Footscray retail precinct & train station.
• Surrounded by major government infrastructure projects such as Westgate Tunnel, Footscray Hospital and
Metro Tunnel.

For more information please contact our team:
Quinnie Nguyen: 0434 095 111
Peter Tran: 0434 147 149

Property Details

Office Area

2529