Long-Standing Tenant On-Site for 24+ Years | Prime Freehold in Tightly Held Office Precinct
158a & 160 Welsford Street , Shepparton VIC
Property Highlights
Description
+Renewed Three (3) year lease to July 2024 plus options to 2030
+Stubbs Wallace: long-established & successful accounting firm with 125+ year history
+Investor preferred net lease terms with the tenant paying all usual outgoings
+Favourable annual CPI rent reviews
+Well-presented 569sqm* freehold office building with 2 secure basement car parks
+Prime 990sqm* site across two titles with 7 sealed and lined car parks and ROW access
+Desirable position in tightly held legal & office precinct nearby $73m Shepparton Law Courts & DHHS
+Potential 50% stamp duty savings
+Shepparton: major regional city with 100,000+ trade catchment
+Net Income: $121,518pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room
*approx.
Property Details