FOR SALE
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125 High Street
Hastings VIC 3915

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 812m2
Land area: 1324m2
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Secure 10 Year Lease - Centrelink Circa 6% yield

RWC is proud to exclusively offer to the market this Centrelink freehold investment located at 125 High Street, Hastings.
Investment highlights include:
• Renewed 10 year lease from September 2025
• Long standing "Centrelink"
• Separation of building to provide a downsized refurbished Centrelink tenancy and additional tenancy to occupy or lease.
• Building area | 812sqm approximately
• Land area | 1,324sqm approximately
• Zoning | Commercial 1
• Fixed 3% annual increases
• Gross passing rental $274,178 pa + GST
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Property Details for 125 High St, Hastings

Building Type
Commercial
Floor Size
812m2
Land Size
1324m2

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About Hastings 3915

The size of Hastings is approximately 26.5 square kilometres. It has 23 parks covering nearly 3.4% of total area. The population of Hastings in 2011 was 8,685 people. By 2016 the population was 9,613 showing a population growth of 10.7% in the area during that time. The predominant age group in Hastings is 0-9 years. Households in Hastings are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hastings work in a trades occupation. In 2011, 58.4% of the homes in Hastings were owner-occupied compared with 58.3% in 2016.

Hastings has 6,285 properties. Over the last 5 years, Houses in Hastings have seen a 35.01% increase in median value, while Units have seen a 25.16% increase. As at 30 November 2024:

  • The median value for Houses in Hastings is $661,660 while the median value for Units is $513,034.
  • Houses have a median rent of $515 while Units have a median rent of $470.
There are currently 28 properties listed for sale, and 20 properties listed for rent in Hastings on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Hastings.

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Brett Diston
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Ray White Commercial Diston Asset Services
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