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