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CBRE - VIC

Nixon Street Medical Centre , 46 Wyndham Street Shepparton, VIC 3630

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Nixon Street Medical Centre , 46 Wyndham Street,
Shepparton, VIC 3630

Medical & Consulting • Offices • Shops & Retail

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Property extent

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CBRE - VIC
Sam Mercuri
Beau Coulter

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
Nixon Street Medical Centre , 46 Wyndham Street
Shepparton, VIC 3630

Map of Nixon Street Medical Centre , 46 Wyndham Street

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Entry Level Medical Investment | Longstanding Tenant On-Site 16+ Years

  • Experienced operator with 27 clinics
  • Favourable annual CPI rent reviews
  • Tenant pays all usual outgoings
Burgess Rawson and Gagliardi Scott Real Estate are pleased to offer to the market, Nixon Street Medical Centre, Shepparton VIC for sale via Investment Portfolio Auction 156.

The property has the following investment highlights:

+ Secure Three (3) year net lease plus options to May 2030 to longstanding tenant.
+ Nixon Street Medical Centre: experienced operator with over 16 years’ experience and 27 clinics across VIC and NSW.
+ Favourable annual CPI rent reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Established and proven medical clinic incorporating consult rooms and Australian Clinical Lab pathology.
+ High profile 539sqm* Activity Centre zoned corner site with exposure to 29,000* vehicles passing daily.
+ Desirable Wyndham Street (Goulburn Valley Highway) position amongst ABC Shepparton, Gallagher Insurance and Rural Bank.
+ Highly sought after ‘essential service’ medical investment.
+ Potential 50% stamp duty savings.
+ Shepparton: major regional city with a 100,000 plus trade catchment.
+ Net Income: $38,971pa* plus GST


To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne

Shepparton, 3630 demographic data

The median household income for Shepparton is $1,285, 7% lower than Regional Victoria's household income of $1,386. Shepparton has a younger age profile compared to the rest of Regional Victoria (median age 38 vs 43). Property ownership data shows 46% of property owners in Shepparton have a mortgage.

32,067
Population
$1,285 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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