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617 Wyndham Street, SHEPPARTON VIC, 3630

Sold
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Property Sold in 617 Wyndham Street, SHEPPARTON VIC, 3630

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11293576
Status:
Sold
Last Updated:
14/09/2020
Price:
Price on Request
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Property Type

Medical/Consulting/Retail/Other
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Land Area

4859 SQM
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Floor Area

769 SQM
Icon parking

Parking

N/A

Brand New Childcare Investment

Secure 20 year lease to Wyndham Early Learning to 2036.
Two further 10 year options to 2056.
New 769 sqm child care facility, licensed for 120 LDC places.
Substantial 4,859 sqm site including surplus land for potential residential development (STCA).
Strategic main road position adjoining Channel 9 & opposite McDonald’s.
Fixed 2.5% annual rental increases plus market review at options.
Tenant pays all usual outgoings excluding land tax.
Substantial taxation saving depreciation.
Shepparton: major regional city in northern eastern Victoria servicing a trade catchment of 100,000+ residents. Commonly referred to as the ‘fruit bowl of Victoria’ and only 2 hours drive from Melbourne.
Net Income: $192,925 pa.

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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