Long-Standing Tenant On-Site for 24+ Years | Prime Freehold in Tightly Held Office Precinc

Renewed 3 year leases plus options
Annual CPI rent reviews
Tenant pays all usual outgoings
+Renewed Three (3) year lease to July 2024 plus options to 2030
+Stubbs Wallace: long-established & successful accounting firm with 125+ year history
+Investor preferred net lease terms with the tenant paying all usual outgoings
+Favourable annual CPI rent reviews
+Well-presented 569sqm* freehold office building with 2 secure basement car parks
+Prime 990sqm* site across two titles with 7 sealed and lined car parks and ROW access
+Desirable position in tightly held legal & office precinct nearby $73m Shepparton Law Courts & DHHS
+Potential 50% stamp duty savings
+Shepparton: major regional city with 100,000+ trade catchment
+Net Income: $121,518pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

*approx.
Contact Agent
Agent Details
Rocky Gagliardi

Principal | Director

mobile 0407 826 542

office (03) 5831 1800

email rocky@gagliardiscott.com.au