New 12 Year Lease | Prime Medical Centre

Burgess Rawson is pleased to offer to the market 37 Breed Street, Traralgon VIC for sale via our Investment Portfolio Auction 164.

This opportunity has the following key investment highlights:

+New 12 year lease plus a further two (2) ten (10) year options
+Greater of 2.5% or CPI annual rent reviews
+Tenant pays all usual outgoings as per lease
+Leased to major medical group with 13 centres in Victoria, New South Wales, Queensland and South Australia
+High profile 2,824sqm* freehold site
+Long-standing 1,099sqm* medical and pathology clinic
+Major past upgrades and extensions to entire centre
+Secure on-site parking for 57 vehicles*
+Includes Dorevitch Pathology having 450+ clinics nationwide
+Strategically opposite Woolworths Supermarket with close proximity to Latrobe Regional Hospital
+Potential 50% stamp duty savings
+Traralgon: retail & commercial capital of the Latrobe Valley, trade catchment of 75,000+
+Net Income: $360,025 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 25 October 2023
Crown Metropol, Melbourne

*approx.