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).

In Conjunction With Burgess Rawson

For Sale for by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
Contact Agent
Agent Details
Rocky Gagliardi

Principal | Director

mobile 0407 826 542

office (03) 5831 1800

email rocky@gagliardiscott.com.au