Centrelink, 9 Alexander Kelly Drive, Noarlunga Centre, SA 5168

CBRE are pleased to offer to market 'Centrelink' located at 9 Alexander Kelly Drive, Noarlunga Centre SA, for sale via Expressions of Interest.

This opportunity has the following key investment highlights:

+ Renewed 10 year lease to the Commonwealth Government to 2036.
+ Centrelink: Essential Service Federal Government welfare department.
+ Longstanding tenant on site 18+ years, demonstrating successful operations and a proven track record.
+ Landlord favourable annual CPI reviews. 
+ Immaculate 2,394sqm* freestanding building with recent $3.5m capital-intensive refurbishment works.
+ Substantial 5,072sqm* freehold landholding with prime 127m* dual street frontage (Alexander Kelly Drive & Beach Road) and 69 on-site car spaces.
+ High profile Beach Road position with exposure to 34,500+ vehicles passing daily. (1)
+ Impressive '5.5 Star NABERS Rating'—government-required and achieved through a significant CAPEX program undertaken by the vendors.
+ Rare 'Urban Activity Centre (UAC)' zoning offering substantial future development upside (STCA), positioned amongst Noarlunga's premier healthcare and retail hubs.
+ Situated within a dominant government and medical precinct: Noarlunga Hospital, Families SA, Minister for Health, Ambulance Service, Metropolitan Fire Service, GP and pathology services all within 100m*.
+ Located 325m* from Colonnades Shopping Centre, a two-level regional shopping centre anchored by Big W, Kmart, Aldi, Coles, Woolworths and Bunnings, serving a trade catchment of 165,800 people. (2)
+ Positioned within a significant education precinct, 160m* from TAFE SA and with seven schools within a 1km* radius, collectively serving more than 3,300 full-time students. (1)
+ Noarlunga: 25km* south-west of Adelaide CBD, with median house price growth of 12.5% over the last 12 months. (3)
+ City of Onkaparinga: home to 184,827 people, the region features a GRP of $7.53B and supports more than 10,400 local businesses. (4)
+ Stamp duty free investment opportunity. 
+ Net Income: $1,081,493* pa + GST

Expressions of Interest closing 3:00pm (AEDT) Thursday 10 December 2026.

Please contact the exclusively appointed sales team for more information.

RLA 208125
*Approx
(1) GapMaps
(2) Vicinity Centre
(3) realestate.com.au
(4) .id