Sold
Secure Lease to Government Funded Healthcare Tenant
Latrobe Community Health, 31 Mason Street, Warragul VIC
Sold
- Vendor favoured 10 year net lease to highly stable ‘essential’ service tenant
- Annual rent of $442,307 + GST + outgoings* with strong 3% annual rental increases
- Substantial net lettable area of 1,363 sqm* over 2 floors + 70 m* of combined corner frontage with 40 car parks on-title
- Latrobe Community Health Service is a secular, charitable not-for-profit health service
- Part of a landmark Warragul CBD development completed by BFN Developments
- As new premises (2015) provides substantial depreciation benefits (schedule available upon request)
- Investors are set to benefit from a favourable 50% stamp duty discount^
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
