Wilson Property

59 & 59A Seymour Street,
Traralgon

Property photo 1 — 59 & 59A Seymour Street TraralgonSold1 of 16

6% Net Yield, Renewed Leases, Quality Tenants

Retail

2 CAR|390m2 FLOOR

Sold - $970,000

To be sold 'as one', 2 securely leased commercial investments in one of Traralgon's pre-eminent retail strips.

59 SEYMOUR STREET – CASH TRAIN

  • Cash Train (Formerly Money3) has been in occupation since October, 2013
  • Renewed 2 year lease commencing 1/7/21
  • Rent $32,233 pa + GST + outgoings from the 1/7/21
  • 3% fixed annual increases
  • Two further 2 year options, with market review
  • 142m2*, including front reception / customer service area, staff amenities and

kitchenette

  • S/S air conditioning
  • Rear roller door access

59A SEYMOUR STREET - GIPPSLAND COSMETIC LASER CLINIC

  • Gippsland Cosmetic Laser Clinic has been in occupation since November, 2014
  • Renewed 3 year lease commences 25/11/19
  • Rent $28,980 pa + GST + outgoings
  • 3% fixed annual increases
  • One further 5 year option, with market review
  • 142m2*, including front reception and 4 x consulting rooms, staff amenities &

kitchenette

  • Ducted heating & cooling
  • High spec modern fitout by tenant

(*approx)

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Sold: 59 & 59A Seymour Street, Traralgon VIC 3844