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New 15 Year Lease | Prime Medical Centre

39 Breed Street , Traralgon VIC

Property Highlights

Tenant Pays Usual Outgoings – Net Lease
I-MED Radiology - 50 Centres Nationwide
Essential Service Medical Centre
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Description

+ 15 year lease to 2037 plus option to 2042
+ Greater of 2.5% or CPI annual rent reviews
+ Tenant pays all usual outgoings as per lease
+ Leased to major medical group with 9 centres in Victoria, New South Wales, Queensland and South Australia
+ Strategic 729sqm* site
+ Modern 291sqm* medical & radiology clinic
+ Secure on-site parking for 4 vehicles
+ Includes I-MED Radiology having over 50 imaging centres 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: $109,785 pa* + GST

For Sale by Auction
10.30am (AEST) Wednesday 14 September 2022
Crown Casino, Melbourne VIC

Also offered for sale is the adjacent 37 Breed Street (see full website listing on this property separately) which includes the same lease term to the same medical tenant on 15 year lease, to be auctioned separately on same day – Wednesday 14 September 2022)

*approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
729 SQM
Building Area
291 SQM

Price

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