Entry Level Medical Investment | Longstanding Tenant On-Site 16+ Years
46 Wyndham Street , Shepparton VIC
Property Highlights
Description
Burgess Rawson and Gagliardi Scott Real Estate are pleased to offer to the market, Nixon Street Medical Centre, Shepparton VIC for sale via Investment Portfolio Auction 156.
The property has the following investment highlights:
+ Secure Three (3) year net lease plus options to May 2030 to longstanding tenant.
+ Nixon Street Medical Centre: experienced operator with over 16 years’ experience and 27 clinics across VIC and NSW.
+ Favourable annual CPI rent reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Established and proven medical clinic incorporating consult rooms and Australian Clinical Lab pathology.
+ High profile 539sqm* Activity Centre zoned corner site with exposure to 29,000* vehicles passing daily.
+ Desirable Wyndham Street (Goulburn Valley Highway) position amongst ABC Shepparton, Gallagher Insurance and Rural Bank.
+ Highly sought after ‘essential service’ medical investment.
+ Potential 50% stamp duty savings.
+ Shepparton: major regional city with a 100,000 plus trade catchment.
+ Net Income: $38,971pa* plus GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne
Property Details