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19A Clark Street, Wangaratta, VIC, 3677

2. Property Highlights

Government/Medical Tenant On Renewed Lease
  • Renewed Government Lease
  • Significant Depreciation Allowances
  • Net Income: $116,889 pa

Burgess Rawson and Gary Nash & Co. are pleased to present 19a Clarke Street, Wangaratta VIC to the market for sale via our Investment Portfolio Auction 161.

The asset has the following investment features:

+ Substantial property featuring 8 bedrooms, each with a bathroom and walk in robes, plus shared amenities including kitchen, living, dining & laundry.

+ Built new in 2021, offering significant depreciation allowances.

+ Quality accommodation used by Northeast Health Wangaratta (NHW) employees, currently all doctors.

+ Renewed two (2) year lease to NHW recently commenced on 25 March 2023.

+ Key position in Wangaratta’s medical precinct, only 600 metres* to NHW Hospital and close to Wangaratta Private Hospital, North East Podiatry, Wangaratta Paediatric Clinic and Wangaratta Audiology.

+ NHW: The major hospital in North-East Victoria providing health care to over 90,000 residents across Wangaratta, Bright (and Ovens Valley), Mansfield, Beechworth, Myrtleford, Yarrawonga, Euroa, Benalla and The King Valley.

+ Wangaratta: Progressive Regional City servicing a catchment population of over 58,000*.

+ Net Rent - $116,889 pa*

To be sold by Investment Portfolio Auction

10:30am AEST Wednesday 21 June 2023

Crown Casino, Melbourne

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


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3. Property Location

19A Clark Street, Wangaratta, VIC, 3677

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4. Due Diligence

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19A Clark Street, Wangaratta, VIC, 3677 Wangaratta
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
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