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Victoria Legal Aid, 320-322 Wyndham Street (Goulburn Valley Highway), SHEPPARTON, VIC, 3630

+11 Photos

+13 Photos

SOLD

Victoria Legal Aid, 320-322 Wyndham Street (Goulburn Valley Highway), SHEPPARTON, VIC, 3630

Properties / Sold / Victoria / Shepparton

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Floor Area

480 m² (*approx)

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Office Suites, Mixed Use, Consulting Rooms

Show All

2. Property Highlights

Government Essential Service Investment

10 year lease to 2026 + options
Fixed 3% annual rent increases
Tenant pays all usual outgoings

+ Securely leased to Victoria Legal Aid until June 2026 plus options to 2036.

+ Victoria Legal Aid: Federal and State Government funded agency providing free legal advice and representation.

+ Generous fixed 3% annual rent increases ensuring strong and steady rental growth.

+ Attractive net lease terms with tenant paying all usual outgoings.

+ Significant 480sqm retail premises with immaculate tenant fit out and 10 car spaces on-title.

+ Highly sought-after essential service government investment opportunity.

+ Strategically positioned in key legal precinct amongst the $73 million Shepparton Law Courts, Department of Justice and Shepparton Police Station.

+ Shepparton: Major regional city with a trade catchment of over 100,000.

+ 50% stamp duty concession available to eligible purchasers.

+ Estimated Net Rent: $126,725pa + GST (as at July 2021).

For Sale for by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady.com.au