SECURE INVESTMENT SOLD WITH NEWLY AGREED 5-YEAR TENURE

Dixon Commercial Real Estate are pleased to offer for sale 16 Stanley Street at Auction on Friday 8 March, 2024 at 2:30pm on-site.

The 112 square metre office premises is prominently positioned on Stanley Street in Wodonga with a frontage of approximately 7 metres. The property is offered for sale subject to a newly agreed lease to H&R Block who are renowned as a market leader and have occupied the building for many years.

Lease details as follows:
Tenant: H&R Block Limited
Net Annual Rent: $29,227 + GST
Lease Commencement: 15 January, 2024
Lease Tenure: Five (5) years
Outgoings: Tenant pays Council and Water Rates
Rent Review: 3% annual rental increases. Rent reviewed to market at end of lease.

Terms: 10% deposit, balance 60 days.

For more information or to arrange an inspection, please contact the agents below.

features

  • Air Conditioning
  • Close to Shops
  • Heating
  • Kitchenette
  • Toilet Facilities

overview

  • 1P2768
  • Offices
  • Sold
  • 16 Stanley Street Wodonga VIC
  • 112 sqm