Highly Sought After Medical Investment
225-229 Sneydes Road , POINT COOK VIC
Property Highlights
Description
Established tenancies including: Myhealth Medical, Pharmacy Select, Telstra, Dental Clinic, Anytime fitness and popular café.
New 10 year lease to Myhealth Medical (43 locations), new 7 year lease to Anytime Fitness and with a WALE (by income) of 6.6 years.
Premium 1,413 sqm single level medical complex with 42 at grade car spaces.
Prominent 3,196 sqm site with street frontage of over 34 metres.
Located directly opposite new Woolworths anchored Shopping Centre and
adjoining key commercial and community services ‘destination’ including:
The Brook Hotel and complimentary Point Cook South P-9 School (opening Jan 2017), Community Centre and Childcare Centre.
Strategic location within Wyndham City LGA: one of the largest growth areas in Australia and expected to grow by a further 377,000 residents over the next 30 years.
Attractive taxation depreciation benefits.
Net income: $499,550 pa.
Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne
Property Details