Brand New 10 Year Lease to ASX Listed PSC Insurance

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

Property Details
Listing Sale
Current Tenant Tenanted
Occupancy Type Office
Land Size 1,589 SQM
Building Area 901 SQM

Auction 11am AEDT Wednesday 1 April
Crown Casino, Melbourne, VIC

In conjunction with Burgess Rawson
Beau Coulter 0413 839 898
Shaun Venables 0411 860 865
Contact Agent
Agent Details
Rocky Gagliardi

Principal | Director

mobile 0407 826 542

office (03) 5831 1800

email rocky@gagliardiscott.com.au