Essential Service Medical Investment with Brand New 7 Year Net Lease

Description

+ Brand new 7-year lease to 2028 plus options to 2043.
+ Wellbeing Chiropractic: 40 clinics across Melbourne with future network expansion.
+ Landlord favourable, net lease terms with tenant paying all outgoings.
+ Annual fixed compounding 3% rent increases ensuring rental growth.
+ modern construction with brand-new high-quality tenant fit-out, providing.
+ Abundant on site parking.
+ Single tenant minimum management investment.
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One….
+ Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.
+ Net Income: $41,850 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room

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Contact agents
Justin Kramersh Director, Capital Markets
0460 349 605
Shaun Venables Partner
0411 860 865
Zomart He Director, Capital Markets
0488 220 830
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Wollert, VIC

10/ 220 Epping Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 151

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