JLL is pleased to present this outstanding Warragul social infrastructure investment for sale - a government leased asset with a strategic regional position. Key details of the opportunity include: + Fully leased to AAA government tenant, Services Australia + 7-year lease to February 2031 plus further options + Current net passing rent of $345,229 p.a.* + Potential for 50% stamp duty concession + Basement and at grade carparking for 30 vehicles + Purpose built and recently refurbished 796sqm* building + 5.5-star NABERS energy rating + Prominent 1,701sqm* landholding with dual frontages + Prime Warragul CBD location within close proximity to the precincts retail hub + Positioned 500 metres* from Warragul Train Station + 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. *Approx. Fully Leased Government Investment Lease to 2031 plus Options Potential 50% Stamp Duty Savings
The size of Warragul is approximately 55.0 square kilometres. It has 43 parks covering nearly 4.4% of total area. The population of Warragul in 2016 was 15757 people. By 2021 the population was 19856 showing a population growth of 26.0% in the area during that time. The predominant age group in Warragul is 30-39 years. Households in Warragul are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warragul work in a professional occupation.In 2021, 74.70% of the homes in Warragul were owner-occupied compared with 72.70% in 2016.
Warragul has 13,220 properties. Over the last 5 years, Houses in Warragul have seen a 25.93% increase in median value, while Units have seen a 25.81% increase. As at 30 April 2026:
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