Exceptionally Rare Long WALE Inner City Medical Investment

Description

CBRE is pleased to offer to the market 80-82 Bridge Road, Richmond VIC for sale via Private Treaty

The property has the following investment highlights:

+ 20 year lease to 2035 plus options to 2060
+ Lumus Imaging: subsidiary of ASX listed Healius Ltd with a market cap of $947 million, employing 10,500+ people with 2,250 locations nationally
+ Guaranteed compounding rental growth with fixed 3% annual rent increases
+ Tenant responsible for outgoings as per the lease
+ Includes adjoining premises with 5 year lease to national retailer
+ Well-presented 790sqm freehold building
+ On-grade parking for 23 vehicles
+ Exceptional 941sqm inner city Melbourne landholding with high underlying land value
+ Highly strategic location neighbouring Epworth Richmond Private Hospital, 627 Beds, 29,000 Annual Emergency Patients
+ Richmond: City fringe location only 1.5km from Melbourne CBD, within proximity to the MCG, AAMI Park and abundant café and culinary options along popular Bridge Road
+ Net Income: $384,815 pa* + GST

For Sale via Private Treaty

Please contact the exclusively appointed sales team for more information.

*Approx.

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Contact agents
Yosh Mendis Sr Director, Capital Markets
0434 413 188
Raoul Holderhead Senior Director
0413 860 304
Beau Coulter Sr. Director - Capital Market
0413 839 898
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Richmond, VIC

80-82 Bridge Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 167

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