7 Gooramadda Road,
Rutherglen, VIC 3685
Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
$1,070,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 7 Gooramadda Road
Rural Supply Freehold Investment
- 5-year lease until 2025 plus options unt
- Prominent 1.239 ha (approx.) corner site
- Net Income: $57,727 + GST
Secured by McNamaras AGnVET Services, a part of the AGnVET network of agribusiness branches, providing rural supplies and specialist services across Eastern Australia.
The property is for sale by way of Auction. The Auction will be conducted on Friday 21st October at 12:30pm at The Albury Club, Albury NSW 2640.
The property has the following investment highlights:
• 5-year lease until 2025 plus options until 2035
• McNamaras AGnVET is part of an Australian owned agribusiness with a network of businesses in the broadacre cropping, irrigation and mixed farming areas independent agribusiness
• Annual CPI rent reviews
• Prominent 1.239 ha (approx.) corner site with frontage to Murray Valley Highway
• Showroom, warehouse and plenty of onsite shedding
• Total lettable area – 1,007m2 (approx.)
• Rutherglen: Commercial hub of Indigo Shire, agricultural/wine district of North East Victoria
• Net Income: $57,727 + GST
Prospective interstate purchasers and interested parties in this tenanted investment will have access to remote bidding via phone, should it be required.
The property is for sale by way of Auction. The Auction will be conducted on Friday 21st October at 12:30pm at The Albury Club, Albury NSW 2640.
The property has the following investment highlights:
• 5-year lease until 2025 plus options until 2035
• McNamaras AGnVET is part of an Australian owned agribusiness with a network of businesses in the broadacre cropping, irrigation and mixed farming areas independent agribusiness
• Annual CPI rent reviews
• Prominent 1.239 ha (approx.) corner site with frontage to Murray Valley Highway
• Showroom, warehouse and plenty of onsite shedding
• Total lettable area – 1,007m2 (approx.)
• Rutherglen: Commercial hub of Indigo Shire, agricultural/wine district of North East Victoria
• Net Income: $57,727 + GST
Prospective interstate purchasers and interested parties in this tenanted investment will have access to remote bidding via phone, should it be required.
Property ID: 504169579Last Updated: 29 Dec 2022
7 Gooramadda Road
Rutherglen, VIC 3685
Stean Nicholls - AlburySuite1 19/669 Dean Street
ALBURY, NSW 2640
ALBURY, NSW 2640
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