1/175-177 Percy Street Portland VIC 3305

Burgess Rawson is pleased to offer to market Vinnies, Portland VIC for sale via our Investment Portfolio Auction 176.

This investment has the following key highlights:

+ Brand new Seven (7) year lease to Vinnies to 2032 plus options to 2042.
+ Vinnies: est. 1833, Australia's leading national not-for-profit organisation with 628 stores nationally. (1)
+ Investor preferred net lease terms with Vinnies responsible for all usual outgoings as per the lease.
+ Guaranteed income growth via fixed 3.5% annual rent increases.^
+ Brand new 432sqm* retail showroom with important side loading via Townsend Street.
+ Immaculate 2024 construction providing maximum depreciation benefits.
+ Important direct access to 12 shared sealed and lined car spaces.
+ High profile Percy Street location, Portland's premier retail strip and thoroughfare.
+ Wiithin 200m* of McDonald's, KFC, Mitre 10, Reece Plumbing, Repco, Tyrepower & Burson Autoparts and more.
+ Port of Portland is Victoria's only natural deep-water port, supporting 45% of VIC's dry bulk cargo. (2)
+ Portland: administrative hub of Glenelg Shire with annual GRP of $1.16B*, up a significant 5% since 2021. (3)
+ Potential 50% stamp duty saving.
+ Net Income: $86,400pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 14 May 2025
River Room, Crown Casino, Melbourne

* Approx
^ Fixed 2.5% increase in year 1 with 3.5% increases thereafter
1. St Vincent de Paul Society
2. Port of Portland
3. .id