A high-profile Centrelink facility in the heart of Stawell’s CBD has been listed for sale, offering investors a rare opportunity to secure a government-backed, essential service asset with strong fundamentals.
Listed through Burgess Rawson’s Zomart He and Beau Coulter, in conjunction with Ray White Ararat, the property at 27 Church Street is being offered as part of Investment Portfolio Auction 177 on Wednesday 25 June 2025 at Crown Melbourne.
“Regional towns like Stawell continue to offer appealing investment opportunities underpinned by resilient tenancy profiles and limited competition,” said Mr He.
Mr He added they had received strong interest in the asset with investors recognising the long-term value of secure government income in growing regional service centres.
Occupying a prominent 1,336 sqm corner site, the modern Centrelink and Medicare facility has recently undergone substantial upgrades and now spans 551 sqm with 11 on-site car parks, plus additional shared parking.
The building is fully leased to the Commonwealth of Australia on a renewed five-year lease through to March 2029, with two further three-year options extending to 2035. Annual CPI rent reviews and market resets at each option add to its long-term appeal. The asset returns a net income of $168,196 per annum plus GST,
“Stawell plays a central role as a commercial and service hub for Western Victoria,” added Mr Coulter.
“With over 8,500 residents in its catchment, the town continues to support critical infrastructure and government services, making this a dependable, income-generating asset.”
Positioned just 300 metres from key local amenities including Woolworths, IGA, CFA and the historic Stawell Town Hall, the property benefits from excellent connectivity via the Western Highway and is less than 900 metres from Stawell Station.
The property will be auctioned at 10:30am AEST on Wednesday 25 June at the River Room, Crown Melbourne.
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