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6 Green Street, WANGARATTA VIC, 3677

Sold
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Property Sold in 6 Green Street, WANGARATTA VIC, 3677

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11392411
Status:
Sold
Last Updated:
14/10/2020
Price:
Price on Request
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Property Type

Medical/Consulting/Offices/Retail
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Land Area

2227 SQM
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Floor Area

570 SQM
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Parking

N/A

Brand New Medical Centre – 100% Occupied

+ 50% Stamp Duty concession (State Revenue Office/Victorian Government – Bushfire Relief Stimulus)
+ Secure medical and pathology leases with long 4.56 year WALE – 100% occupied
+ Diverse income streams from a mixture of specialist medical fields including General Surgery, Orthopaedics, Anaesthetics and Pathology
+ Brand new, modern 570sqm clinic and surgery constructed in 2019 offering significant depreciation allowances
+ Highly sought-after essential service investment and tenancy mix
+ Busy Medical Centre utilised by 7 permanent and 11 visiting medical specialists
+ Mostly fixed rental increases assuring growth
+ Significant 2,227sqm Commercial 1 Zone (C1Z) site with a 42 metre frontage to Green Street and 29 car parks on Title
+ Key position in Wangaratta’s medical precinct, nearby Northeast Health Wangaratta Hospital (150 metres), Wangaratta Private Hospital, North East Podiatry, Wangaratta Paediatric clinic and Wangaratta Audiology
+ Northeast Health Wangaratta Hospital: 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 catchment population over 58,000
+ Rent: $227,804 pa + GST

For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September

For more details, please email agent


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Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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