Long 7 Year Net Lease - 'Essential Service' Medical Investment

Description

+ Long Seven (7) year lease to August 2024 plus options to August 2034
+ Dental One: Established dental group with 4 locations across metro Melbourne
+ Rare fixed 4% annual rent increases allowing for growth
+ Investor preferred net lease terms with tenant paying all usual outgoings
+ Pristine 156sqm clinic including consulting and surgery rooms
+ Highly sought after ‘essential service’ medical investment
+ Excellent tax saving depreciation benefits
+ Single tenant minimum management investment
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva & Cellarbrations
+ Epping North: situated in Melbourne’s northern growth corridor with an estimated 52% population growth by 2041
+ Net Income: $70,191pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021

Click the link below for a virtual tour of the property
https://bit.ly/2Q1GSoX

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Contact agents
Shaun Venables Senior Director
0411 860 865
Zomart He Director
0488 220 830
Beau Coulter Senior Director
0413 839 898
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Wollert, VIC

18 Matilda Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 143

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