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7 Gooramadda Road
Rutherglen VIC 3685
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Sold on 21 Oct 2022

7 Gooramadda Road Rutherglen VIC 3685

  • Factory, Warehouse & Industrial
  • 1,007 m²
  • Sold, $1,070,000

Rural Supply Freehold Investment

  • 5-year lease until 2025 plus options unt
  • Prominent 1.239 ha (approx.) corner site
  • Net Income: $57,727 + GST

Secured by McNamaras AGnVET Services, a part of the AGnVET network of agribusiness branches, providing rural supplies and specialist services across Eastern Australia.

The property is for sale by way of Auction. The Auction will be conducted on Friday 21st October at 12:30pm at The Albury Club, Albury NSW 2640.

The property has the following investment highlights:
5-year lease until 2025 plus options until 2035
McNamaras AGnVET is part of an Australian owned agribusiness with a network of businesses in the broadacre cropping, irrigation and mixed farming areas independent agribusiness
Annual CPI rent reviews
Prominent 1.239 ha (approx.) corner site with frontage to Murray Valley Highway
Showroom, warehouse and plenty of onsite shedding
Total lettable area 1,007m2 (approx.)
Rutherglen: Commercial hub of Indigo Shire, agricultural/wine district of North East Victoria
Net Income: $57,727 + GST

Prospective interstate purchasers and interested parties in this tenanted investment will have access to remote bidding via phone, should it be required.

AUCTION

Auction date and time21/10/2022 12:30
Auction location7 Gooramadda Road, Rutherglen VIC

Property Highlights

Date Sold21 Oct 2022
Sold Price$1,070,000
Floor Area1,007 m²
Land Area1.24 ha
ParkingAsk Agent
Property ID2018099325
Category
Last updated  23 Oct 2022
Map for 7 Gooramadda Road Rutherglen VIC 3685

Property Highlights

Date Sold21 Oct 2022
Sold Price$1,070,000
Floor Area1,007 m²
Land Area1.24 ha
ParkingAsk Agent
Property ID2018099325
Category
Last updated  23 Oct 2022
Suite 1, 19/669 Dean Street Albury NSW 2640

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