SOLD
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SOLD

Secure and Established Medical and Pharmacy Investment

1019-1021 Howitt Street, WENDOUREE VIC

Description

Renewed lease to 2023 plus options through to 2028.
Annual rent reviews with tenant paying all usual outgoings.
Significant 2,690 sqm main road site with 42 car parks on-title.
Recently upgraded and extended 840 sqm medical facility including Nova Pharmacy.
Single tenant, minimum management investment.
The Ballarat Group Practice: Est. 1924, proud and respected medical group with 82 staff across three locations in Ballarat.
Wendouree/Ballarat: Trade catchment 100,000+ with forecast population growth of 29% by 2031.
Rent: $204,504 pa.

Auction 11am AEDT Wednesday 28 October
River Room, Crown Casino Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical Centre
Land Size
2,690 SQM
Building Area
840 SQM

Contact Agent

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