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Newly Constructed $4 million Seed Force National Headquarters

13 Future Court , Shepparton VIC

Property Highlights

Significant depreciation benefits
Tenant pays all usual outgoings
Fixed 2.5% annual rent increases
Register to Bid

Description

***50% Stamp Duty Saving***

+ Long Eight (8) year lease to October 2026 plus options to 2046.
+ Seed Force: Wholly owned subsidiary of European international seed giant RAGT with 50 locations worldwide.
+ Fixed 2.5% annual rent increases ensuring income growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings including single holding Land Tax.
+ Newly constructed $4 million national headquarters offering significant tax depreciation benefits – 57% of the first years rent potentially tax free.
+ Impressive 3,715sqm facility incorporating offices, manufacturing, warehouse and extensive hardstand.
+ Large 6,753sqm Industrial 1 Zone (IN1Z) site with Doyles Road exposure and important 96 metre frontage to Future Court.
+ Situated in key industrial precinct nearby SPC Ardmona and Freedom Foods.
+ Shepparton: located in the heart of Australia’s $394 million ‘Food Bowl’.
+ Estimated Net Rent: $254,832pa + GST.

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
6,753 SQM
Building Area
3,715 SQM

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