Rare Affordable Metro Medical/Dental Investment

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

Do you own a similar property?

Enquire

Contact agents
Beau Coulter Senior Director
0413 839 898
Jamie Perlinger Senior Director
0413 860 315
Raoul Holderhead Senior Director
0413 860 304
Enquiry Form
Privacy(Required)

Broadmeadows, VIC

Shop 3/ 11-17 Pearcedale Parade

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 128

Contact agents
Enquire