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1-4/228-234 High Street, SHEPPARTON, VIC, 3630

+18 Photos

+20 Photos

SOLD

1-4/228-234 High Street, SHEPPARTON, VIC, 3630

Properties / Sold / Victoria / Shepparton

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

1,279 m² (*approx)

Floor Area

780 m² (*approx)

Property Type

Retail, Child/Healthcare, Offices

Sub-type

Strip Retail, Office Suites, Consulting Rooms

Terms

Investor preferred net lease terms with tenants paying all usual outgoings.

Est. Income

$108,601 p/a

Fully Leased

NDIS services provider, Hotondo Homes, sports recovery centre and martial arts school.

Show All

2. Property Highlights

100% Occupied Freehold Building Anchored by NDIS Services Provider

Strong occupancy history
Tenants pay all usual outgoings
Annual CPI rent reviews

Burgess Rawson and Gagliardi Scott Real Estate are pleased to offer to the market a 100% occupied freehold building in Shepparton VIC for sale via Investment Portfolio Auction 158.

The property has the following investment highlights:

+ 100% occupied freehold building with strong occupancy history.

+ Tenants include a NDIS services provider, Hotondo Homes, sports recovery centre and martial arts school.

+ Favourable annual CPI rent reviews.

+ Investor preferred net lease terms with tenants paying all usual outgoings.

+ Modern 780sqm* building with 4 tenancies on 4 separate titles allowing for individual on-sale.

+ Significant 1,279sqm* site with triple street frontage and 12 on-title car spaces.

+ High profile Midland Highway position with 22,220 vehicles passing daily. (1)

+ Within 250 metres of Latrobe University, GOTAFE and Shepparton Showgrounds.

+ Potential 50% stamp duty savings.

+ Shepparton: major regional city with a 100,000 plus trade catchment.

+ Net Income: $106,853pa* + GST (as at April 2023)

To be sold by Investment Portfolio Auction

10:30am AEDT Wednesday 22nd February 2023

Crown Casino, Melbourne

Please contact the exclusively appointed Burgess Rawson team for more information.

1. GapMaps

Remember to mention you found this property on CommercialReady