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Long 7 Year Net Lease – ‘Essential Service’ Medical Investment

18 Matilda Avenue, Wollert VIC

Property Highlights

Long 7 Year Lease to 2024
Rare Fixed 4% annual rent increases
Tenant pays all usual outgoings
Register to Bid

Description

+ Long Seven (7) year lease to August 2024 plus options to August 2034
+ Dental One: Established dental group with 4 locations across metro Melbourne
+ Rare fixed 4% annual rent increases allowing for growth
+ Investor preferred net lease terms with tenant paying all usual outgoings
+ Pristine 156sqm clinic including consulting and surgery rooms
+ Highly sought after ‘essential service’ medical investment
+ Excellent tax saving depreciation benefits
+ Single tenant minimum management investment
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva & Cellarbrations
+ Epping North: situated in Melbourne’s northern growth corridor with an estimated 52% population growth by 2041
+ Net Income: $70,191pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021

Click the link below for a virtual tour of the property
https://bit.ly/2Q1GSoX

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical Centre
Building Area
156 SQM

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