172-186 Moreland RoadBrunswick VIC 3056
Property Details for 172-186 Moreland Rd, Brunswick
Last Listing description (April 2026)
JLL has the privilege of offering this exceptional Brunswick social infrastructure investment for sale a premium government leased asset with outstanding income security, as part of the Services Australia Portfolio. Key details of the opportunity include: + 100% leased to essential Government covenant, Services Australia + AAA covenant, providing $263bn in annual payments through Medicare, Centrelink, Child Support and myGov + 9-year lease commenced in February 2023, being in occupation since 1999 + Current net passing rent of $2,091,767 p.a.* + 4,218sqm NLA refurbished building across 2-levels + Secure basement carparking for 79 vehicles accessible via Cozens Street + 5.5-star NABERS energy rating + Major triple fronted landholding of 3,291sqm* with strong future redevelopment potential (STCA) + Strategic inner northern location within 100 metres* to Moreland Train Station and the Sydney Road retail hub +Part of a larger portfolio of 5 Services Australia assets across Victoria, South Australia and Tasmania EOI CLOSED OFFERS UNDER REVIEW The Services Australia Portfolio comprises 5 strategic government leased investments, located at: 172-186 Moreland Road, Brunswick VIC 3 William Street, Boronia VIC 42 Queen Street, Warragul VIC 451-455 Main Road, Glenorchy TAS 49-57 Gertrude Street, Port Pirie SA To obtain further information or to arrange an inspection, please contact the JLL team. *Approximately STCA Subject to Council Approval 100% Leased to Government Tenant 9-Year Lease from March 2023 Major 3,291sqm* Landholding
Property History for 172-186 Moreland Rd, Brunswick, VIC 3056
- 25 Feb 2026Listed for Sale Not Disclosed
- 12 Oct 2015Listed for Sale Not Disclosed
- 03 Jul 2015Sold for $20,950,001
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About Brunswick 3056
The size of Brunswick is approximately 5.0 square kilometres. There are 22 parks, covering nearly 5.2% of the total area. The population of Brunswick in 2016 was 24473 people. By 2021 the population was 24896 showing a population growth of 1.7% in the area during that time. The predominant age group in Brunswick is 30-39 years. Households in Brunswick are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick work in a professional occupation.In 2021, 49.90% of the homes in Brunswick were owner-occupied compared with 46.40% in 2016.
Brunswick has 18,096 properties. Over the last 5 years, Houses in Brunswick have seen a 1.11% increase in median value, while Units have seen a -1.10% decrease. As at 31 May 2026:
- The median value for Houses in Brunswick is $1,344,393 while the median value for Units is $607,269.
- Houses have a median rent of $800 while Units have a median rent of $580.
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