Renewed 10 Year Lease to 2033 to Australia's Largest Medical Imaging Provider

Description

Burgess Rawson in conjunction with Gagliardi Scott Real Estate, are pleased to offer to the market I-Med Radiology, Shepparton VIC for sale via Private Treaty.

The property has the following key investment highlights:

+ Renewed Ten (10) year lease to Nov 2033 plus option to 2038.
+ I-MED Radiology: Australia’s largest medical imaging provider with 250+ locations. (1)
+ Long-standing and proven location with imaging providers on-site 20+ years.
+ Favourable annual CPI rent reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings including building insurance.
+ Recently upgraded 780sqm* radiology clinic including CT, MRI, OPG, X-Ray & Ultrasound.
+ Significant 2,339sqm* landholding across 3 titles with huge 51m* frontage to Nixon Street.
+ Important 45 on-title car spaces providing easy accessibility for patients.
+ Situated in key medical precinct amongst GV Health, GenisisCare, podiatrist, chiropractor and more.
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with 160,000+ trade catchment.
+ Net Income: $265,033pa* + GST

To be sold via Private Treaty.

*Approx
1. I-MED Radiology

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Contact agents
Beau Coulter Partner
0413 839 898
Sam Mercuri Sales Executive
0413 830 709
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Shepparton, VIC

104-108 Nixon Street

For Sale

This property is part of Portfolio 175

Price: Contact Agent

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