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Brand New 10 Year Lease to ASX Listed PSC Insurance

20-24 Welsford Street , Shepparton VIC

Property Highlights

Fixed 3% annual rent reviews
Significant depreciation benefits
Tenant pays all outgoings

Description

+ Brand New 10 year lease to 2029 plus option to 2034
+ PSC Insurance: ASX listed company with 14 locations across Australia
+ Generous fixed 3% annual rent reviews assuring growth
+ Tenant pays all outgoings including Land Tax
+ Immaculate 901sqm office building including lift refurbished 2016 – offering significant depreciation benefits
+ Significant 1,589sqm Activity Centre 1 Zoned site with dual vehicular access from Welsford Street
+ 15 carparks on title (6 undercover)- access via side lanes
+ Prime position in major office precinct – nearby Great Shepparton City Council, Shepparton Art Museum, Shepparton Library, Ambulance Victoria and Shepparton RSL
+ Shepparton: Major regional city with a trade catchment of 100,000+
+ Estimated NET Income: $255,500 pa + GST

For Sale by Deadline Private Treaty
Closing 1pm Friday 27 March

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
1,589 SQM
Building Area
901 SQM

Contact Agents

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