North East Property and Motor Guide

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| 2021

Build your dream rural home on city edge ³ ÈJRÁ after property on the outskirts of town is coming up for auction. This is a wonderful opportunity to build your dream home on a great piece of 46.21 Ha (114 Acres) size land. If you want a rural lifestyle this position has it all with great Warby views

towards the rear of the property. It is also just a couple of minutes to the centre of town, you have schools, restaurants, shopping centres, performing arts centre and the racecourse. New zoning across the road and the

Brand New 5 Year Lease To Victorian Government 60 Reid Street, Wangaratta - 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.

• • • •

814m2 Commercial 1 Zoned site. Prime, central position in the heart of Reid Street. Important five 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 23 Baker Street, Wangaratta VIC 3677 www.garrynash.com.au

Garry Nash 0418 573 089 Mike Noble 0487 222 006 Office 03 5722 2663

WEB ID 3440410

In conjunction with

new Cruse Street arterial into town is an added bonus. This is a property to create your dream. Auction will be held on Friday, June 11, 2021, 1pm onsite. Make sure you get your opportunity.

Agent

| Nutrien Harcourts

Phone

| 5722 9444

Auction | Friday, June 11, 2021. 1pm onsite Location | 461 Reith Road, Wangaratta

C O N V E YA N C I N G & P R O P E R T Y L AW OPEN FOR BUSINESS B Y A P P O I N T M E N T O N LY P

(03) 5721 5500

W WEBBLEGAL.COM.AU


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