Renewed 3 Year Lease to Federal Government | No further Options - Negotiate Lease or Owner Occupy
Description
CBRE is pleased to offer to the market Centrelink (Services Australia) at 3 Jetty Road, Rosebud VIC for sale via Investment Portfolio Auction 182.
This opportunity has the following key investment highlights:
+ Renewed three (3) year lease to the Commonwealth of Australia to 2028.
+ Centrelink: Essential Service Federal Government welfare department.
+ An important and strategic Centrelink office supporting the greater Mornington Peninsula region.
+ Assured rental growth through fixed annual 3.5% increases.
+ Would also suit owner occupiers with no further options or an opportunity to negotiate a new lease with existing or new tenant.
+ Modern 701sqm* Centrelink and Medicare facility.
+Substantial refurbishments and upgrades completed in November 2022.
+Significant 1,154sqm* site with premium Commercial 1 zoning as well as 8 carparks on-title.
+ Thriving central education, hospitality and retail position with Rosebud Pier, Rosebud Primary, Woolworths, BWS, Coles, McDonalds and other service providers all within 500m*.
+ Rosebud: Fast growing and popular Mornington Peninsula location with easy access to suburbs and Melbourne CBD.
+ Mornington Peninsula: A Victorian tourist mecca with a growing population of 175,153**
+ Estimated Net Income: $342,139pa* + GST
To be sold by Investment Portfolio Auction 182
10:30am AEDT Wednesday 25 February 2026
Crown Casino, Melbourne
* Approx
** Mornington Peninsula Shire -Health and Wellbeing Data Profile 2025.
Enquire
Contact agents
Matthew Wright Senior Director
0458 290 588
Justin Kramersh Director, Capital Markets
0460 349 605
Mark Foster Junior Sales Associate
0475 454 431Enquiry Form
Rosebud, VIC
3 Jetty Road
For Sale by Portfolio Auction
This property is part of Portfolio 182
Price: Contact Agent
Contact agents
-
Matthew Wright Senior Director
0458 290 588 -
Justin Kramersh Director, Capital Markets
0460 349 605 -
Mark Foster Junior Sales Associate
0475 454 431