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Challenger Valves & Actuators, 5-7 Glenn Street, SHEPPARTON, VIC, 3630
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Challenger Valves & Actuators, 5-7 Glenn Street, SHEPPARTON, VIC, 3630

2. Property Highlights

Challenger National HQ Since 1984
  • Brand new 5-year lease
  • Tenant pays outgoings
  • Recent tenant upgrade

+ Brand new 5-year lease to June 2026 plus options to 2036.

+ Challenger Valves & Actuators: in operation since 1984 with 5 locations across Australia.

+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.

+ Fixed 2.5% annual rent reviews.

+ 3,335sqm* head office incorporates office, warehouse and hardstand. Recent $150k tenant funded upgrade.

+ Significant 5,657sqm* site across 4 titles with important 22 on-title car spaces.

+ Situated in key industrial precinct nearby Izuzu, SPC, StarTrack & Shepparton Saleyards.

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

+ Net Income: $206,270 pa + GST

For Sale by Investment Portfolio Auction

10:30AM (AEDT) Wednesday 15 December 2021

River Room, Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady.com.au

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Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
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+61 413 839 898 bcoulter@burgessrawson.com.au Message
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
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+61 411 860 865 svenables@burgessrawson.com.au Message
Rocky Gagliardi
Rocky Gagliardi
+61 *** *** *** show +61 407 826 542
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+61 407 826 542 rocky@gagliardiscott.com.au Message

3. Property Location

Challenger Valves & Actuators, 5-7 Glenn Street, SHEPPARTON, VIC, 3630

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Challenger Valves & Actuators, 5-7 Glenn Street, SHEPPARTON, VIC, 3630 Shepparton
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Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
Gagliardi Scott Real Estate - Shepparton
Gagliardi Scott Real Estate - Shepparton
182 High Street, Shepparton, Vic 3630
Rocky Gagliardi
Rocky Gagliardi
+61 *** *** *** show +61 407 826 542
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