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158a & 160 Welsford Street
Shepparton VIC 3630
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Sold on 5 Aug 2022

158a & 160 Welsford Street Shepparton VIC 3630

  • Offices
  • 569 m²
  • Sold

Long-Standing Tenant On-Site for 24+ Years | Prime Freehold in Tightly Held Office Precinct

    +Renewed Three (3) year lease to July 2024 plus options to 2030
    +Stubbs Wallace: long-established & successful accounting firm with 125+ year history
    +Investor preferred net lease terms with the tenant paying all usual outgoings
    +Favourable annual CPI rent reviews
    +Well-presented 569sqm* freehold office building with 2 secure basement car parks
    +Prime 990sqm* site across two titles with 7 sealed and lined car parks and ROW access
    +Desirable position in tightly held legal & office precinct nearby $73m Shepparton Law Courts & DHHS
    +Potential 50% stamp duty savings
    +Shepparton: major regional city with 100,000+ trade catchment
    +Net Income: $121,518pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEST) Wednesday 3 August 2022
    Crown Casino - River Room

    *approx.

    AUCTION

    Auction date and time03/08/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold5 Aug 2022
    Floor Area569 m²
    Land Area990 m²
    ParkingAsk Agent
    Property ID2017918502
    Category
    Last updated  5 Aug 2022
    Map for 158a & 160 Welsford Street Shepparton VIC 3630

    Property Highlights

    Date Sold5 Aug 2022
    Floor Area569 m²
    Land Area990 m²
    ParkingAsk Agent
    Property ID2017918502
    Category
    Last updated  5 Aug 2022
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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