Rare Affordable Metro Medical/Dental Investment

shop 3/11-17 pearcedale parade, broadmeadows vic

Price on Request

  • Brand New 10 Year Lease To 2029
  • Annual Fixed 3.5% Increases
  • Capital Intensive Tenant Fit-Out

Property Details

Brand new 10 year lease to 2029 plus options to 2039.
Annual fixed 3.5% rent increase assuring growth.
Tenant pays all usual outgoings as per lease.
10 specialist branches across VIC and SA - In operation since 2009.
Specialised practice with capital intensive fit-out in 2010: circa $600,000.
Impressive 170 sqm retail space with 2 car parks on-title.
High traffic location, situated within 100m of Broadmeadows Central including national retailers Big W, K-Mart, Woolworths, Commonwealth Bank & Hoyts.
Single tenanted minimum management investment.
Broadmeadows: Located 16kms north of the CBD within Melbourne’s northern growth corridor. Population is forecast to grow 81.19% by 2041 (forecast.id).
Rent: $90,000 pa

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 170 sqm
Land Size 170 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002766

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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