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Brand New 10 Year Lease to Renowned Restaurant Chain

257 Wyndham Street, Shepparton VIC

Property Highlights

Impressive Capital Intensive Fit Out

Fixed 3% Annual Rent Increases

Tenant Pays All Usual Outgoings

Description

Brand new 10 year lease to 2028 plus options to 2038.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
La Porchetta: well known Italian restaurant chain, with 50 stores across Australia & New Zealand.
Impressive capital intensive tenant refurbishment and upgrade to La Porchetta latest corporate design and layout.
Prominent 470 sqm site with premium Commercial 1 zoning.
Total building area of 511 sqm, spread over two levels.
Located in the heart of Shepparton’s CBD, adjacent to the ANZ bank and central to national tenants such as Australia Post, Rebel Sport & Priceline.
Shepparton: Major regional city servicing North Central Victoria, catchment of 100,000+, only 2 hours drive from Melbourne.
Rent: $61,800 pa + GST (as at March 2019)

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
470 SQM
Gross Building Area
511 SQM

Contact Agents

Jamie Perlinger

+610 413 860315

Beau Coulter

0413 839 898

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