219 - 225 Wyndham Street Shepparton VIC 3630

Offices
752 m²
Sold

Freestanding GV Health Head Office

Burgess Rawson and Gagliardi Scott Real Estate are pleased to offer to the market, GV Health, Shepparton VIC for sale via Investment Portfolio Auction 164.

The property has the following investment highlights:

+ Five (5) year lease to May 2027 plus options to May 2032.
+ GV Health: main health service in the Goulburn Valley, with 2,700 staff across 5 key sites.
+ Important head office, providing administrative services for major departments including 24-hour ED, surgery, medical, rehab/palliative care, aged care and mental health.
+ Tenant responsible for all outgoings including building insurance and land tax on single holding basis.
+ Desirable annual CPI rent reviews.
+ Recently renovated, 947sqm* two-level freestanding head office, with 6 important on-title car spaces.
+ Prime 919sqm* freehold site with Activity Centre 1 zoning.
+ High profile Goulburn Valley Highway position, with 29,000 vehicles passing daily. **
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with a 140,000 plus trade catchment.
+ Net Income: $220,000pa* + GST

To be sold via Investment Portfolio Auction 164
10:30AM (AEDT) Wednesday 25 October 2023
Crown Metropol, Melbourne VIC
Unless Sold Prior

*Approx
**GapMaps