Government/Medical Tenant On Renewed Lease

Burgess Rawson and Gary Nash & Co. are pleased to present 19a Clarke Street, Wangaratta VIC to the market for sale via our Investment Portfolio Auction 161.

The asset has the following investment features:

+ Substantial property featuring 8 bedrooms, each with a bathroom and walk in robes, plus shared amenities including kitchen, living, dining & laundry.
+ Built new in 2021, offering significant depreciation allowances.
+ Quality accommodation used by Northeast Health Wangaratta (NHW) employees, currently all doctors.
+ Renewed two (2) year lease to NHW recently commenced on 25 March 2023.
+ Key position in Wangaratta’s medical precinct, only 600 metres* to NHW Hospital and close to Wangaratta Private Hospital, North East Podiatry, Wangaratta Paediatric Clinic and Wangaratta Audiology.
+ NHW: The major hospital in North-East Victoria providing health care to over 90,000 residents across Wangaratta, Bright (and Ovens Valley), Mansfield, Beechworth, Myrtleford, Yarrawonga, Euroa, Benalla and The King Valley.
+ Wangaratta: Progressive Regional City servicing a catchment population of over 58,000*.
+ Net Rent – $116,889 pa*

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 21 June 2023
Crown Casino, Melbourne

Please contact the exclusively appointed Burgess Rawson team for more information.

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