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Stable Leased Medical Investment

Lots 17 & 18, 2 McCourt Street, WEST LEEDERVILLE WA

Description

+ New 3 year lease extension to 31 December 2022
+ Leased to St John of God Healthcare
+ Net income of $78,254.9 pa + GST

Burgess Rawson are pleased to present to the market for sale this outstanding medical leased investment. The property comprises 194sqm of specialised medical rooms with a new 3 year lease extension exercised by St John of God Healthcare. The net income is $78,254.29 + GST with fixed 5% annual increases. The property comes with 5 car bays (2 tandem and 1 single) and enjoys a fantastic fit out with large reception/waiting rooms, 5 consulting rooms, staff kitchen and managers office.

Features
+ New 3 year lease extension to 31st December 2022
+ Net income $78,254.29 pa + GST
+ Strong covenant to renowned Healthcare operator
+ Fixed 5% increases annually
+ Pristine Medical fit out
+ 194sqm suite + 5 car bays
+ Set and forget leased investment

Total Area
194sqm plus 5 car bays (2 tandem, 1 single)

Net Income
$78,254.29 pa + GST (includes 5 car bays)

Land Details
Described as Lots 17 & 18 on Strata Plan 61302 Certificate of Title Volume 2830 Folios 417 & 418.

For further information or to arrange an inspection, please contact the exclusive selling agents.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Building Area
194

Price

Offers from $1,300,000 (GST Going Concern)

Contact Agents

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