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124-126 Fryers Street, SHEPPARTON, VIC, 3630

2. Property Highlights

Long 10 Year Leases to Schnitz & Government | Recent $1m+ Tenant Funded Upgrades
  • 100% leased to fast food/gov tenants
  • Fixed 3% annual rent increases
  • Tenants pay all usual outgoings

+100% leased to Fast Food & Government tenants

+Long 10 year lease to Schnitz to 2028 plus options to 2042

+Schnitz: fast-food retailer with over 71 stores nationwide*

+Secure 10 year lease to Beyond Housing to 2029 plus options to 2039

+Beyond Housing: government funded agency providing affordable housing and homelessness services

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

+Fixed 3% annual rental increases assuring growth

+Immaculate 786sqm*** building with recent $1m+ tenant funded upgrades offering significant depreciation benefits

+Prime 848sqm*** site with dual street frontage

+Strategically positioned amongst Village Cinemas, Target, GOTAFE & OZ Tenpin Bowling

+Potential 50% stamp duty savings

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

+Net Income: $159,905pa + GST (as at November 2022)

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 3 August 2022

Crown Casino - River Room

*GapMaps

**Beyondhousing

***Approx

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3. Property Location

124-126 Fryers Street, SHEPPARTON, VIC, 3630

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4. Due Diligence

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124-126 Fryers Street, SHEPPARTON, VIC, 3630 Shepparton
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