Government Essential Service Investment

Description

+ Securely leased to Victoria Legal Aid until June 2026 plus options to 2036.
+ Victoria Legal Aid: Federal and State Government funded agency providing free legal advice and representation.
+ Generous fixed 3% annual rent increases ensuring strong and steady rental growth.
+ Attractive net lease terms with tenant paying all usual outgoings.
+ Significant 480sqm retail premises with immaculate tenant fit out and 10 car spaces on-title.
+ Highly sought-after essential service government investment opportunity.
+ Strategically positioned in key legal precinct amongst the $73 million Shepparton Law Courts, Department of Justice and Shepparton Police Station.
+ Shepparton: Major regional city with a trade catchment of over 100,000.
+ 50% stamp duty concession available to eligible purchasers.
+ Estimated Net Rent: $126,725pa + GST (as at July 2021).

For Sale for by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne

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Contact agents
Beau Coulter Partner
0413 839 898
Zomart He Partner
0488 220 830
Billy Holderhead Partner
0422 817 696
Enquiry Form

Shepparton, VIC

320-322 Wyndham Street (Goulburn Valley Highway)

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 144

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