1/26-28 Verdun Drive Narre Warren, VIC 3805

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.