Renewed 5 Year Government Lease to 2031 plus option to 2036 | Proven investment with Government occupant since 2016
Description
CBRE & AP Commercial are pleased to offer to the market Department of Justice at Lot 4A, 545 McDonalds Road, South Morang VIC for sale via Expressions of Interest.
This investment has the following key highlights:
+ Renewed 5 year lease to January 2031 to the State of Victoria
+ 5 year option through to 2036
+ Fixed 3.5% annual rent increases assuring growth
+ Proven investment with Government occupant since 2016
+ Impressive capital intensive high security tenant fit-out
+ Tenant pays all usual outgoings as per the lease
+ Quality first level office with easy lift access – NLA 727sqm plus 20 metre exposure to McDonalds Road
+ Central position within modern two-level complex with other retailers including National Tiles, Northern Motor Group – MG, Chery & SsangYong
+ Important allocation of 14 car spaces within complex
+ McDonalds Road: major thoroughfare connecting Plenty Road to the Westfield Plenty Valley Shopping Centre circa 15,000+ vehicles daily
+ Major metro LFR precinct adjoining Axis Homemaker Centre – Spotlight, PetStock, RSEA, Harris Scarfe, SuperCheap
+ Immediately opposite Mazda & Toyota Dealerships plus South Morang Home Co including Amart, Chemist Warehouse, Beacon Lighting
+ South Morang: strategic thriving metro location 24 kms north of Melbourne CBD
+ Rent: $164,000pa* + GST
For Sale by Expression of Interest,
Closing 3pm Wednesday 11 March 2026 (AEDT)
Mark Foster
0475 454 431
Raoul Holderhead
0413 860 304
Alex Pannunzio – AP Commercial
0418 341 010
Enquire
Contact agents
Raoul Holderhead Senior Director
0413 860 304
Mark Foster Junior Sales Associate
0475 454 431Enquiry Form
South Morang, VIC
4A/545 McDonalds Road
For Sale by Expression of Interest
This property is part of Portfolio 182
Price: Contact Agent
Contact agents
-
Raoul Holderhead Senior Director
0413 860 304 -
Mark Foster Junior Sales Associate
0475 454 431