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Brand New 10 Year Lease to Renowned Restaurant Chain

257 Wyndham Street, SHEPPARTON VIC, 3630

Sold

Property Sold in 257 Wyndham Street, SHEPPARTON VIC, 3630

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11324045
Status:
Sold
Price:
On Request
Last Updated:
13/12/2018
Icon building

Property Type

Retail/Showrooms/Bulky Goods/Hotel/Leisure
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Land Area

470 SQM
Icon size

Floor Area

511 SQM
Icon parking

Parking

N/A

Brand New 10 Year Lease to Renowned Restaurant Chain

Brand new 10 year lease to 2028 plus options to 2038.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
La Porchetta: well known Italian restaurant chain, with 50 stores across Australia & New Zealand.
Impressive capital intensive tenant refurbishment and upgrade to La Porchetta latest corporate design and layout.
Prominent 470 sqm site with premium Commercial 1 zoning.
Total building area of 511 sqm, spread over two levels.
Located in the heart of Shepparton’s CBD, adjacent to the ANZ bank and central to national tenants such as Australia Post, Rebel Sport & Priceline.
Shepparton: Major regional city servicing North Central Victoria, catchment of 100,000+, only 2 hours drive from Melbourne.
Rent: $61,800 pa + GST (as at March 2019)

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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