2 Saskia Way,
Morwell
For Sale1 of 15Triple Income Investment - Anchored By Ambulance Victoria
Medical/Consulting
Contact Agent
An outstanding opportunity to secure a diversified commercial investment underpinned by multiple established income streams, offering strong cash flow and long-term security.
This well-positioned property is anchored by Ambulance Victoria, providing a highly secure government-backed lease, complemented by on-site storage units delivering flexible recurring income, and an Optus telecommunications tower generating passive rental returns.
The combination of essential services, infrastructure-grade tenancy and supplementary income sources makes this a compelling proposition for investors seeking stability,
diversification and future growth.
Zoned Commercial 2 Zone (C2Z) opposite Mid Valley Shopping Centre and
surrounded by major National high profile brands.
Tenancy Profile:
Tenancy 1 – Ambulance Victoria
- Current Lease Term: 4 years (commenced April 2025)
- Current Rent: $117,248.75 p.a.* + GST + Outgoings
- Reviews: 3% annually
- Options: 1 further term of 4 years
Tenancy 2 – Optus
- Current Lease Term: 20 years (commenced Dec 2011)
- Current Rent: $16,638.49 p.a.* + GST (Gross)
- Reviews: 3% annually
Tenancy 3 – Mid Valley Storage Units
- Currently Leased: 33 as at 28 February 2026
- Annualised Rent: $61,651 p.a.* + GST (Gross)
*(approx.)
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