Medical Investment - Secure 10 Year Lease Plus Options

> The perfect investment – medical, prime location, compounding rent and security of tenure
> 10 year lease commenced 8th May 2020 with 2 x 5 year options
> Current net rent $96,289.06 p/a (tenant pays all outgoings excluding land tax)
> Compounding rent at fixed 3.5% annual increases
> Total building area 238m2*, with 12 designated** on site car spaces
> High profile CBD location with 2 street frontages, opposite Woolworths and Harvey Norman
> Zoned Commercial 1 (C1Z) – Baw Baw Planning Scheme
> Potential 50% stamp duty concession available from April 2024
> Tenant: My Foot Dr (Aust) Limited. My Foot Doctor is owned by Healthia Group, Australia’s Largest Allied Health Group. Healthia has over 300+ clinics across Australia and New Zealand, with providers across a range of different allied health disciplines including physiotherapy, podiatry, optical & audiology

For Sale via Expression of Interest closing Thursday 30th May 2024 at 3:00pm
(if not sold prior)

* (approx.)
** (as per arrangement with owners corporation)

Property Features
  • Medical/Consulting
  • Floor Area is 238 m²

Ben Wilson
Principal / Licensed Estate Agent
0412 525 542
Emma Dunne
Commercial Property Consultant
0407 865 838