40-42 Rowan Street, Wangaratta, VIC, 3677
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Selling Details
Closing Tuesday 12th September at 12pm
Land Area
2,022 m² (*approx)
Floor Area
1324 m² (*approx)
Sub-type
Office/Warehouse
Terms
3 year lease ends 30/06/2026 with 3 x 3 Options
Fully Leased
Gordon Gibson Nominees Pty Ltd | Water Technology Pty Ltd | Rural Housing Network Ltd
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BUY ONE OR BOTH OF THESE QUALITY INVESTMENTS
40-42 Rowan Street is a high-quality, modern investment in a strategic location on Wangaratta’s CBD fringe. The ground floor is leased to Gordon Gibson Nominees Pty Ltd (est 1976) and the separately titled first floor is leased to the Rural Housing Network Ltd & Water Technology Pty Ltd, enabling investor flexibility. The property has been well maintained and has a 30kw solar system.
- High quality, energy efficient building on large, central land holding
- 40-42 Rowan Street anchored by irrigation specialists, Gordon Gibson Nominees (established 1976)
- 3 year lease ends 30/06/2026 with 3 x 3 Options. Annual net rent $90,000 + GST*
- A second lease provides additional net annual rent of $17,323 + GST*
- 1/40-42 Rowan Street leased to Rural Housing Network Ltd & Water Technology Pty Ltd providing a combined net annual income of $111,011 + GST*
- 15 onsite, sealed car parks and fully landscaped with mature trees
- 50% regional, commercial stamp duty concession available
*Approx.
Remember to mention you found this property on CommercialReady
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Tenanted Investment
Tenanted Investment
40-42 Rowan Street Investment Summary
Sub-type
Office/Warehouse
Tenant
Gordon Gibson Nominees Pty Ltd | Water Technology Pty Ltd | Rural Housing Network Ltd
Terms
3 year lease ends 30/06/2026 with 3 x 3 Options
Land Area
2,022 m² (*approx)
Floor Area
1324 m² (*approx)
Selling Details
Closing Tuesday 12th September at 12pm
Investment Highlights
BUY ONE OR BOTH OF THESE QUALITY INVESTMENTS
40-42 Rowan Street is a high-quality, modern investment in a strategic location on Wangaratta’s CBD fringe. The ground floor is leased to Gordon Gibson Nominees Pty Ltd (est 1976) and the separately titled first floor is leased to the Rural Housing Network Ltd & Water Technology Pty Ltd, enabling investor flexibility. The property has been well maintained and has a 30kw solar system.
- High quality, energy efficient building on large, central land holding
- 40-42 Rowan Street anchored by irrigation specialists, Gordon Gibson Nominees (established 1976)
- 3 year lease ends 30/06/2026 with 3 x 3 Options. Annual net rent $90,000 + GST*
- A second lease provides additional net annual rent of $17,323 + GST*
- 1/40-42 Rowan Street leased to Rural Housing Network Ltd & Water Technology Pty Ltd providing a combined net annual income of $111,011 + GST*
- 15 onsite, sealed car parks and fully landscaped with mature trees
- 50% regional, commercial stamp duty concession available
*Approx.
Remember to mention you found this property on CommercialReady
Read More