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Streamline Supplies, 9 Joseph Baldwin Place, SHEPPARTON, VIC, 3630

+20 Photos

+22 Photos

SOLD

Streamline Supplies, 9 Joseph Baldwin Place, SHEPPARTON, VIC, 3630

Properties / Sold / Victoria / Shepparton

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

2,689 m² (*approx)

Floor Area

1934 m² (*approx)

Property Type

Industrial, Other

Sub-type

Office/Warehouse

Show All

2. Property Highlights

Absolute Trophy Industrial - New Lease to Streamline Est 1983

Immaculate 1,943 sqm building
Streamline Supplies - Established 1983
4% rent increases/Tenant pays o/goings

+ New 3 year lease to May 2024 plus options to 2030

+ Streamline Supplies: Long established and successful hospitality and supplies business in operation 38+ years

+ Fixed annual 4% rent increases ensuring rental growth

+ Tenant pays usual outgoings excluding land tax

+ Immaculately maintained and impressive modern 1,943sqm state-of the art office warehouse with extensive hardstand constructed to a high standard in 2012

+ Significant 2,689sqm freehold landholding

+ Strategically located amongst Visy, SPC, Freedom Foods. Furphy and Pental

+ Shepparton: major regional city with a 100,000+ trade catchment

+ Net Income: $149,471 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10th August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

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

Property Type

Industrial, Other

Sub-type

Office/Warehouse

Land Area

2,689 m² (*approx)

Floor Area

1934 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Absolute Trophy Industrial - New Lease to Streamline Est 1983

Immaculate 1,943 sqm building
Streamline Supplies - Established 1983
4% rent increases/Tenant pays o/goings

+ New 3 year lease to May 2024 plus options to 2030

+ Streamline Supplies: Long established and successful hospitality and supplies business in operation 38+ years

+ Fixed annual 4% rent increases ensuring rental growth

+ Tenant pays usual outgoings excluding land tax

+ Immaculately maintained and impressive modern 1,943sqm state-of the art office warehouse with extensive hardstand constructed to a high standard in 2012

+ Significant 2,689sqm freehold landholding

+ Strategically located amongst Visy, SPC, Freedom Foods. Furphy and Pental

+ Shepparton: major regional city with a 100,000+ trade catchment

+ Net Income: $149,471 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10th August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

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

Tenanted Investment