Specialist Medical Investment – Recent $475k Tenant Funded Building Upgrade
43-45 Benalla Road (corner Lorraine Street), Shepparton VIC
Property Highlights
Description
** 50% Stamp Duty Concession***
+Brand new Five (5) year lease to December 2025 plus Two (2) further Five (5) year options to December 2035
+Shepparton Skin Clinic & Aesthetics: Respected clinic with 6 experienced GP’s
+Tenant pays all usual outgoings as per lease agreement
+Fixed 2% annual rent increases assuring growth
+Large 532 sqm building incorporating consult, treatment and surgery with recent $475k upgrade works (tenant funded)
+Highly sought after medical investment opportunity
+Significant 2,072sqm corner site with 84 metre dual street frontage and 30 car parks on-title
+Positioned in key commercial area nearby Bunnings, Spotlight, Officeworks, Woolworths x 2, Big W, Australia Post, Anaconda & Total Tools
+Shepparton: Major regional city with a trade catchment of 100,000+
+Rent: $158,225 pa + GST
For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021
Property Details