Burgess Rawson is pleased to offer to market ‘Romsey Medical’ located at 1/34 Stawell Street (99 Main Street), Romsey VIC, for sale via Investment Portfolio Auction 173.

The property has the following key investment highlights:

+ Renewed Five (5) year net lease to Romsey Medical to November 2029.
+ Romsey Medical: leading Macedon Ranges medical provider with a further location in Lancefield.
+ Proven medical tenant trading on-site 30+ years.
+ Fixed 4% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with the tenant responsible for all usual outgoings.
+ Well-maintained 451sqm* medical facility offering GP, pathology, podiatry and physiotherapy services.
+ Strategic 728sqm* C1Z town centre landholding with access to ample on-site car spaces.
+ Absolute Romsey ‘town centre’ location metres from Supa IGA and the newly developed Coles-anchored Romsey Shopping Centre, scheduled to open in 2025.
+ Romsey: vibrant town located 35km* north of Melbourne CBD, home to a booming resident population forecast to surge 61% by 2046. (1)
+ Macedon Ranges Shire: strategic location 1 hour from Melbourne (to the south) and Bendigo (to the north), home to 52,920 residents and an annual economic output of $5.76B. (2)
+ Potential 50% stamp duty savings.
+ Net Income: $101,950 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room – Crown Casino, Melbourne

1 Forecast.id
2 REMPlan