- Government Net Lease, Inc Land Tax
- $4.5M+ Total Refurbishment 2021
- Substantial Taxation Depreciation

* Secure Five (5) year Government Net lease to 31 January 2026 plus options through to 31 January 2036.
* Fixed 3% annual rent increases with reviews to market on exercise of options.
* Investor preferred Net lease terms with Government paying all usual outgoings including Land Tax.
* Prime, central position in the heart of Reid Street.
* 814m2 Commercial 1 Zoned site.
* Important 5 on-site car parks.
* Prominent 1,262m2, two level GLA building totally refurbished in 2021 (circa $4.5m), potential for tax depreciation benefits.
* Potential 50% stamp duty concession for commercial and industrial acquisitions in regional Victoria.
* Wangaratta: large, progressive regional city and expansive secondary catchment population over 60,000.
* Net Income: $355,000 pa + GST.

Auction 10.30am (AEST) Wednesday 23 June 2021
River Room, Crown Casino, Melbourne

In conjunction with Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000