99-101 Ross Street, Tatura

Retail - Shop

Land Size: 2467 m2
Building Size: 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