New 5 Year Lease to 2028 | Attention $600k+ Buyers

Burgess Rawson and Morley Commercial are delighted to present to the market, Dr Carly Ymer (Psychologist) in this outstanding new development within tightly held Glen Iris for sale via Portfolio Auction on Wednesday 27 March 2024 at Crown Casino, Melbourne.

The property has the following investment highlights:

+ Brand new 5-year lease to 2028, plus option through to 2033.
+ Dr Carly Ymer: Clinical psychologist who practices holistic psychotherapy, using her passion for mental and emotional wellbeing to help clients be their best.
+ Immaculate and new premises with a consulting room, plus modern amenities and basement car space on-title.
+ Attractive 4% annual rent increases, assuring future rental growth.
+ Investor preferred net lease terms with the tenant responsible for all usual outgoings as per the lease
+ Rare 6-month bank guarantee
+ Prominent location with excellent frontage within the award-winning Glenarm Square retail and apartment development.
+ Developed by renowned Melbourne developer Dealcorp , Glenarm Square contains 116 apartments and 850sqm of specialty retail.
+ Adjoining complementary uses including; café, FloSt8 and exciting announcements to follow.
+ Seamless integration from the retail landing to Gardiner Train Station which includes public carparking.
+ Set and forget premium investment in one of Melbourne’s most desirable locations.
+ High exposure position with easy access onto the Monash Fwy, Burke Road and Gardiner Train Station.
+ Glen Iris: Affluent inner-city suburb with $2,450,000 median house price
+ Net Income: $30,000 pa + GST

For Sale via Portfolio Auction
Wednesday 27 March 2024
10:30am (AEDT) Crown Casino, Melbourne