Prime CBD Freehold Investment – 1 Title
An exceptional opportunity in the heart of Shepparton's CBD, this freehold property offers secure income and outstanding future potential. Ideally positioned between Coles/Kmart and the Maude Street Mall, it benefits from prime exposure to both vehicle and pedestrian traffic.
Suite 3
- Leased to Victorian Aboriginal Legal Service Co-Operative Ltd.
Current rental of Current rent $28,462.50 + gst , with tenant paying 100% of outgoings.
Three-year lease to June 2027, plus a one-year option, with 3.5% fixed annual increases.
- Suite 3 - 110m2* with 3 car parks
- Strategic Location
- The property is surrounded by significant public and private investment, including:
- $73 million new courthouse
- $17 million Maude Street Mall redevelopment
- Coles/Kmart precinct with 300+* car parks
- Upcoming multi-million-dollar ex/CFA site redevelopment
- 50% Stamp duty discount!
* = Approx.
Suite 3
- Leased to Victorian Aboriginal Legal Service Co-Operative Ltd.
Current rental of Current rent $28,462.50 + gst , with tenant paying 100% of outgoings.
Three-year lease to June 2027, plus a one-year option, with 3.5% fixed annual increases.
- Suite 3 - 110m2* with 3 car parks
- Strategic Location
- The property is surrounded by significant public and private investment, including:
- $73 million new courthouse
- $17 million Maude Street Mall redevelopment
- Coles/Kmart precinct with 300+* car parks
- Upcoming multi-million-dollar ex/CFA site redevelopment
- 50% Stamp duty discount!
* = Approx.
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