Set & Forget - Secure Income Locked to 2030

A fully leased ground-floor suite in the heart of Narre Warren, occupied by an established not-for-profit disability employment services provider who has already exercised their option through to November 2030 - and holds a further option to 2032. No vacancy risk. No leasing fees. No capital works. Just clean, growing income landing in your account every month.

The tenant didn't just renew - they renewed early, and funded their own fitout at their own cost. That's the clearest signal a tenant can send: they're staying.

• Current passing rent: $43,260 pa + GST + outgoings*
• Lease expiry: 15 November 2030
• Further option: to November 2032
• Rent reviews: Fixed 3% annual increases - your income grows every single year
• Floor area: 144 m²*
• Car spaces: 5, including two secure basement bays
• Zoning: Commercial 1

Why Investors Will Move Quickly

• A tenant you can bank on - a long-established incorporated association operating in the government-funded disability employment sector. Stable, essential, community-backed services.
• Effectively net income - the tenant reimburses owners corporation levies, council rates, water, essential safety measures, utilities and cleaning.
• Fixed 3% annual growth - no valuers, no negotiation, no arguments. Your return climbs automatically for the life of the term.
• Three months' rent held as security - downside protected from day one.
• Five car parks including two basement bays - parking is the single biggest constraint in this precinct, and this asset has it locked away.
• Position that keeps working - walk to Westfield Fountain Gate, minutes to the Princes Highway and M1. Narre Warren sits in the middle of one of Australia's fastest-growing residential catchments, and the commercial stock isn't keeping up.

Quality tenanted investments in the south-east rarely come to market with four years of term, a further option, fixed growth and a genuinely hands-off management profile. Suits SMSF buyers, passive investors and anyone tired of chasing tenants.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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