100% Occupied Freehold Building Anchored by NDIS Services Provider
1-4/228-234 High Street , Shepparton VIC
Property Highlights
Description
Burgess Rawson and Gagliardi Scott Real Estate are pleased to offer to the market a 100% occupied freehold building in Shepparton VIC for sale via Investment Portfolio Auction 158.
The property has the following investment highlights:
+ 100% occupied freehold building with strong occupancy history.
+ Tenants include a NDIS services provider, Hotondo Homes, sports recovery centre and martial arts school.
+ Favourable annual CPI rent reviews.
+ Investor preferred net lease terms with tenants paying all usual outgoings.
+ Modern 780sqm* building with 4 tenancies on 4 separate titles allowing for individual on-sale.
+ Significant 1,279sqm* site with triple street frontage and 12 on-title car spaces.
+ High profile Midland Highway position with 22,220 vehicles passing daily. (1)
+ Within 250 metres of Latrobe University, GOTAFE and Shepparton Showgrounds.
+ Potential 50% stamp duty savings.
+ Shepparton: major regional city with a 100,000 plus trade catchment.
+ Net Income: $106,853pa* + GST (as at April 2023)
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 22nd February 2023
Crown Casino, Melbourne
Please contact the exclusively appointed Burgess Rawson team for more information.
1. GapMaps
Property Details