Immaculate Freehold Medical Investment – New 8 Year Lease Plus Options to 2054

Description

CBRE is pleased to offer to market NEST Family Clinic Prahran (Melbourne) VIC for sale by Private Treaty.

This opportunity has the following key investment highlights:

+ Brand new Eight (8) year net lease to NEST Family Clinic to February 2034.
+ Four (4) further Five (5) year options through to February 2054.
+ NEST Family Clinic: multi-disciplinary health provider with 2 locations in Elsternwick and Prahran.
+ Annual fixed 3% rent increases.
+ Investor preferred net lease terms with tenant responsible for all usual outgoings including rates & insurance premiums.
+ Fully refurbished 204sqm* medical clinic offering GP, nursing, psychiatry, psychology, paediatrics, physiotherapy services and more.
+ Ultra prime 445sqm* corner landholding with 48m* dual street frontage and exposure to 15,000+ vehicles passing daily. (1)
+ Located along High Street precinct, one of Melbourne’s most prestigious retail strips.
+ Prahran: affluent inner-city suburb, only 7km* from Melbourne CBD.
+ Net Income: $167,325 pa + GST* (Calculated after all outgoings, including single-holding Land Tax)

For Sale by Private Treaty.

* Approx.
1 AFR

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Contact agents
Marcello Caspani-Muto Director
0417 065 777
Rick Jacobson Senior Negotiator
0413 830 083
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Prahran, VIC

520 High Street

For Sale

This property is part of Portfolio 183

Price: Contact Agent

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