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

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

Property Highlights

Brand new 5 yr lease to 2025 + options
Tenant pays all usual outgoings
50% Stamp Duty Concession
Register to Bid

Description

** 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 Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical Centre
Land Size
2,072 SQM
Building Area
532 SQM

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