126-128 Melville Street, Numurkah, Vic 3636

Burgess Rawson is pleased to offer to the market 126-128 Melville Street, Numurkah VIC for sale via our Investment Auction Portfolio 171.

This investment has the following key highlights:

+ New three (3) year lease to 'Hi Pizza' to March 2027.
+ Seven (7) further three (3) year options to 2048.
+ Hi Pizza: newly-established pizza retailer with comprehensive liqour licence, offering dine-in, takeaway and delivery services. 
+ Local favorite Pizza business under new management, running in the same location for over three decades.
+ Investor preferred net lease terms with tenant responsible for usual outgoings (excl. building insurance).
+ Favorable 251sqm* Commercial 1 Zoned landholding with 5.5m* frontage to Melville Street and a ROW access at rear of building to Meiklejohn Street.
+ Prominent location in the heart of the Numurkah commercial precinct, providing strong developing potential in the future.
+ Absolute 'town centre' location with Numurkah Town Hall, Foodworks, Australia Post, NAB, Bendigo Bank and CBA all within 475m* (situated along Melville Street). 
+ Conveniently located metres from Goulburn Valley Hwy and Numurkah Solar Farm (constructed in 2019 & total cost $190M), Victoria's largest solar farm powering the Melbourne tram network and Laverton Steel Works. (1)
+ Numurkah: 35 km north of Shepparton, a major agriculture district (92.59%) primarily focused on dairy grazing and fruit growing. Forms part of Victoria’s renowned ‘Fruit Bowl’ region. (2)
+ Net Income: $44,618 pa* + GST

To be sold via Investment Portfolio Auction 171
10:30am (AEST) Wednesday 18 September 2024
River Room, Crown Casino, Melbourne

*approx.

For further information, please contact the exclusive selling agents below:

Zomart He 何梓轩 | 0488 220 830
Sam Mercuri | 0413 830 083

1 Clean Energy Finance Corporation
2 Going Rural District