Key Features
Attractive 7.7 Year WALE
Substantial 3,995 sqm corner site
Annual CPI & 3% Fixed Increases

Charles L King & Co with Burgess Rawson are pleased to offer to the market 212-218 Ogilvie Avenue, Echuca for sale by Auction

- Renewed 10 Year leases to longstanding and proven Medical group &
pharmacy.
- Rich River Health Group: a highly reputable and accredited general practice
which ensures quality health practices, est. 1999
- Chemsave Pharmacy : National pharmacy providing a range of trusted
brands.
- Landlord favourable net lease terms, with the tenants responsible for all
usual outgoings as per lease.
- Expansive 3,995sqm* corner site an abundance of car spaces, metres away
from the Echuca Hospital
- Prime position with 123 metres of exposure and frontage to Ogilvie Avenue,
servicing 23,000+ vehicles daily.
- Desirable annual CPI reviews and fixed 3% rent increases.
- Impressive 1,202*sqm integrated medical centre & pharmacy, plus two x 2
bedroom dwellings.
- Strategic location only 250* meters away from the Echuca Regional
Hospital, with recent $66mil+ redevelopment.
- Surrounded by other high performing tenants such as KFC, IGA, Harvey
Norman, Shell, Ambulance Victoria and BCF.
- Extremely popular holiday destination that receives a large influx of traffic
during school holiday periods.
- Echuca: trade catchment of circa 50,000 people plus a popular holiday
destination that receives a large influx of traffic during school holiday
periods.
- Potential stamp duty savings.
- Estimated Net Income: $435,208 pa + GST.

Information Memorandum and Contracts of sale available upon request.

Auction - Crown Casino Melbourne Wednesday June 26th At 10:30 AM

Inspection and further details contact Gary Wood 0408505733