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Essential Service Medical Investment with Brand New 7 Year Net Lease

10/220 Epping Road , Wollert VIC

Property Highlights

Brand New 7 Year Net Lease
Fixed 3% Annual Rent Increases
High Quality Tenant Fit-Out
Register to Bid

Description

+ Brand new 7-year lease to 2028 plus options to 2043.
+ Wellbeing Chiropractic: 40 clinics across Melbourne with future network expansion.
+ Landlord favourable, net lease terms with tenant paying all outgoings.
+ Annual fixed compounding 3% rent increases ensuring rental growth.
+ modern construction with brand-new high-quality tenant fit-out, providing.
+ Abundant on site parking.
+ Single tenant minimum management investment.
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One….
+ Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.
+ Net Income: $41,850 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
93 SQM
Building Area
93 SQM

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