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Immaculate, As New Medical Development – Built 2017

116- 118 Corio Street , Shepparton VIC

Property Highlights

10 Year Lease To 2027 + 10 Year Option
51% Year 1 Rent Potentially Tax Free
High Spec Improvements & Fitout

Description

As new 678 sqm two-storey medical development with secure 10 + 10 year lease from 2017
Immaculate improvements and high spec fit-out comprising 8 consulting rooms, central lift, 3 large studio’s, offices, break-out area, staff room/kitchen and women’s and men’s change rooms including showers
Activity Centre 1 Zoned 918 sqm site with 65m frontage
Supported in CBD medical/health precinct by GV Health, Pathology, Radiology, Orthodontic and Chiropractic services within 250 metres
Significant depreciation benefits with 51% of first year income potentially tax deductible (source: Charter Keck Cramer)
Annual CPI reviews
Fix: Over 20 years experience in Shepparton, 22+ staff providing premium myotherapy, strengthening and wellness services
Shepparton: major regional city servicing north central Victoria, catchment of 100,000+, only 2 hours drive from Melbourne
Net Rent: $155,250 pa

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
918 SQM
Building Area
678 SQM

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