CBD Medical Investment - Renewed 5 Year Lease, 4.14% Net Yield

– Recently renewed 5 year lease term to November 2026 with 3 x 5 year options
– Annual rent of $134,480 + GST, tenant pays all usual outgoings
– CPI annual increases
– I-MED Radiology Network stands as Australia’s leading medical imaging provider, with 240 clinics throughout Australia, employing over 4,000 employees
– High spec medical fitout comprising multiple imaging rooms, reception/waiting room and excellent amenities
– Part of a Landmark Commercial Development by BFN Developments in Warragul’s thriving CBD
– As new premises opened late 2015, substantial depreciation benefit
– 50% Stamp Duty discount – see www.sro.gov.au

*(approx.)

Property Features