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Burgess Rawson - Melbourne

Schnitz, 124-126 Fryers Street Shepparton, VIC 3630

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Schnitz, 124-126 Fryers Street,
Shepparton, VIC 3630

Shops & Retail • Offices • Other

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Burgess Rawson - Melbourne
James Bergman
Raoul Holderhead
Beau Coulter

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Schnitz, 124-126 Fryers Street
Shepparton, VIC 3630

Map of Schnitz, 124-126 Fryers Street

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Long 10 Year Leases to Schnitz & Government | Recent $1m+ Tenant Funded Upgrades

  • 100% leased to fast food/gov tenants
  • Fixed 3% annual rent increases
  • Tenants pay all usual outgoings
+100% leased to Fast Food & Government tenants
+Long 10 year lease to Schnitz to 2028 plus options to 2042
+Schnitz: fast-food retailer with over 71 stores nationwide*
+Secure 10 year lease to Beyond Housing to 2029 plus options to 2039
+Beyond Housing: government funded agency providing affordable housing and homelessness services
+Investor preferred net lease terms with tenants paying all usual outgoings
+Fixed 3% annual rental increases assuring growth
+Immaculate 786sqm*** building with recent $1m+ tenant funded upgrades offering significant depreciation benefits
+Prime 848sqm*** site with dual street frontage
+Strategically positioned amongst Village Cinemas, Target, GOTAFE & OZ Tenpin Bowling
+Potential 50% stamp duty savings
+Shepparton: major regional city with 100,000+ trade catchment
+Net Income: $159,905pa + GST (as at November 2022)

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

*GapMaps
**Beyondhousing
***Approx

Property ID: 504106355Last Updated: 17 Apr 2023

Stockdale & Leggo - Shepparton
91 Wyndham Street
SHEPPARTON, VIC 3630
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