SOLD

43-45 Benalla Road (corner Lorraine Street), Shepparton, VIC 3630


Specialist Medical Investment - Recent $475k Tenant Funded Building Upgrade

** 50% Stamp Duty Concession***

+Brand new Five (5) year lease to December 2025 plus Two (2) further Five (5) year options to December 2035
+Shepparton Skin Clinic & Aesthetics: Respected clinic with 6 experienced GP’s
+Tenant pays all usual outgoings as per lease agreement
+Fixed 2% annual rent increases assuring growth
+Large 532 sqm building incorporating consult, treatment and surgery with recent $475k upgrade works (tenant funded)
+Highly sought after medical investment opportunity
+Significant 2,072sqm corner site with 84 metre dual street frontage and 30 car parks on-title
+Positioned in key commercial area nearby Bunnings, Spotlight, Officeworks, Woolworths x 2, Big W, Australia Post, Anaconda & Total Tools
+Shepparton: Major regional city with a trade catchment of 100,000+
+Rent: $158,225 pa + GST

For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021

Property Info

Municipality
Shepparton

AUCTION

Wednesday, 24 Feb 2021
11:00 am

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