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99-101 Ross Street
Tatura VIC 3616
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Sold on 21 Jun 2024

99-101 Ross Street Tatura VIC 3616

  • Shop & Retail
  • 865 m²
  • Sold

NEW 15+5+5+5 YEAR LEASE WITH RENTAL INCREASES LOCKED-IN 'TIL 2048

    **SOLD SOLD SOLD SOLD SOLD **

    Under instructions from Ben Appel of Appel Property (as Transaction Manager), Quinn Reynolds Property is pleased to present 99-101 Ross Street (corner Coombs Road), Tatura for Private Sale.

    PRICE $2,500,000
    (SIGNIFICANT SAVING ON STAMP DUTY FOR PURCHASERS OF REGIONAL PROPERTY~)

    + New 15-year lease with fixed annual rental increases (including at the option periods)
    EVERY YEAR for the life of the lease ('til 2048!)

    + Remarkably affordable fuel, carwash and convenience asset leased to premium tenant
    Metro Petroleum (200+* sites nationally)

    + Located in Victoria's thriving Goulburn Valley (2hrs* drive north of Melbourne) which is
    one of regional Australia's most productive and intensely farmed areas

    - Secure and resilient 'recession-proof' investment opportunity

    - Highly exposed corner site, includes fuel, retail, car wash and dog wash facilities, a
    convenient 'one-stop-shop'

    - Rent: $183,300pa (net) est. ( pa plus GST - commenced 29 September, 2020

    - Three (3) street exposure (145m combined main road frontage) providing outstanding
    vehicle and truck ingress and egress

    - Located in the heart of the Goulburn Valley 18km* from the major regional township
    of Shepparton (population 66,498#) which boasts a huge corporate and manufacturing
    presence including Unilever, Golbourn-Murray Water & Dept. of Environment and
    Primary Services

    - Strong income-tax-saving depreciation benefits

    *Approx. # profile.id.com.au
    ~ Refer to Victorian State Revenue Office website for more information

    QUINN REYNOLDS PROPERTY
    Marcus Quinn 0439 328 080
    Linc Reynolds 0457 930 093

    APPEL PROPERTY (TRANSACTION MANAGER)
    Ben Appel 0419 947 504

    QUINN PROPERTY COMPANY PTY LTD
    QUINN PROPERTY COMPANY PTY LTD
    150 Union Street
    Windsor, VIC 3181

    Property Highlights

    Date Sold21 Jun 2024
    Floor Area865 m²
    Land Area2,467 m²
    ParkingAsk Agent
    Property ID2016591938
    Category
    Last updated  20 Jun 2024
    Map for 99-101 Ross Street Tatura VIC 3616
    QUINN PROPERTY COMPANY PTY LTD
    QUINN PROPERTY COMPANY PTY LTD
    150 Union Street
    Windsor, VIC 3181

    Property Highlights

    Date Sold21 Jun 2024
    Floor Area865 m²
    Land Area2,467 m²
    ParkingAsk Agent
    Property ID2016591938
    Category
    Last updated  20 Jun 2024

    Listed by

    Marcus Quinn
    QUINN PROPERTY COMPANY PTY LTD
    Call
    0439 328 080

    More about 99-101 Ross Street Tatura VIC 3616

    99-101 Ross Street Tatura VIC 3616 is categorized as Shop & Retail Property. It has a floor area of 865 m² and a land area of 2,467 m². The listing ID for this property is 2016591938.

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