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Rare Affordable Metro Medical/Dental Investment

Shop 3/11-17 Pearcedale Parade, Broadmeadows VIC

Property Highlights

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

Description

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical Centre
Land Size
170 SQM
Building Area
170 SQM

Price

On Request

Contact Agents

Beau Coulter

0413 839 898

Contact Me

Jamie Perlinger

0413 860 315

Raoul Holderhead

0413 860 304

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