11 Matong Road
echuca VIC 3564

Auction Opportunity - Investors - Echuca Postal Centre - Government Tenant

Unique opportunity to acquire this well-located investment property leased to Australia Post.

-Steel Warehouse with Office & Canopy.

-Postal delivery sorting area.

-Bike Shed.

-Kitchen and staff facilities.

-3 Phase Power

-Electric Roller doors

Tenant:Australian Postal Corporation.

Term:5 Years to 31/8/2022

Further term:1 term of 5 Years to 1/9/2027

Rent:$23,691.60

Rent review:2.5% P/A

Outgoings:Paid by the Tenant ( Inc State Land Tax )

Building area:276 sqm

Canopy area: 120 sqm

Land area:1920 sqm

Australia Post have been and remain excellent tenants

How is Australia Post going financially ?

Australia Post, formally the Australian Postal Corporation, is the government business enterprise that provides postal services in Australia.

Australia Post appears to be one of the few companies to have benefited from the coronavirus pandemic after reporting record growth in annual revenue. According to the latest FY20 results released last week, group revenue grew by 7 per cent to $7,500 million, with before tax profits of $53.6 million.Aug 31, 2020

Source - Google

Prior Offers may be considered

Call Gary Wood 0408505733

Property Details

Property Type - Industrial/Warehouse

Land Area - 1920m2

Floor Area - 276m2

Open Times

Contact Agent to arrange inspection

Key Features

3 Phase Power

Close to Shops

Close to Transport

Roller Door Access

Toilet Facilities

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Contact Details

Get in touch with our team at First National Real Estate Charles L. King & Co

Gary Wood

Authorised Principal, Administration, Commercial Sales, Property Management, Rural, Sales

0408 505 733

Troy O'Brien

Manager, Director, Sales, Residential Sales, Commercial Sales

0418 570 576

Please complete the enquiry form below and we will be in touch shortly

Select the open and fill in your details below, then simply show your ID to Gary at the door

COVID-19 PRECAUTIONS




In response to Federal, State and Territory Government Department of Health recommendations related to Coronavirus, First National Real Estate is strictly observing all essential health precautions nationally. Open homes have therefore been cancelled where required, as have traditional auctions, and we are offering private or digital inspection appointments and online auction arrangements as alternatives – where permitted.

In all locations where normal real estate operations continue:

  • We’re avoiding direct contact, such as shaking hands
  • Observing social distancing requirements
  • Maintaining contact records
  • Deferring non-essential property inspections or conducting them remotely
  • Working with customers responsively on specific arrangements, where necessary

These temporary changes are intended to underpin the essential functions of the property market as well as to reassure customers that all necessary precautions are being observed.

While the presence of Coronavirus requires us to observe all sensible precautions, the business of real estate continues and it’s essential that we support customers who are selling their homes as well as the needs of our tenants and landlords.

In all other respects, we’re getting on with the job of selling, renting and managing property at First National Real Estate, and optimistically working with our community as Australia responds to the effects of Coronavirus.