SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Pascoe Vale Dental Group, recently acquired by Bupa Healthcare

269-271 Gaffney Street, Pascoe Vale VIC

Property Highlights

Long established 40+ year business
Secure 5 + 5 year Net lease to 2027
Immaculate facility constructed 2006

Description

+ Renewed 5 + 5 year lease through to 2027
+ Secure Net lease with tenant paying all usual outgoings
+ Annual rent reviews
+ Bupa: International Healthcare group serving 32 million customers in 190 countries
+ Immaculate 320 sqm medical complex building constructed 2006
+ Prominent 1,136 sqm corner site with 65m street frontage & 19 on-site car spaces
+ Exceptional future mixed use development potential (STCA)
+ Prominent corner with 15,000 vehicles passing daily
+ Substantial taxation savings depreciation
+ Net Income: $151,343 pa + GST

For Sale by Auction
12 noon Wednesday 30 October 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,136 SQM
Building Area
320 SQM

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