Burgess Rawson is pleased to offer to the market 213-215 Princes Highway, Werribee (Melbourne) VIC for sale via our Investment Portfolio Auction 171.

This investment has the following key highlights:

+ Highly sought-after metro Melbourne freehold medical investment.
+ Two recently upgraded Chiropractic & Radiology and Mental Health clinics totaling 370sqm*.
+ Chiropractic clinic upgrades include additional consult room and new X-Ray room.
+ Tax saving depreciation benefits.
+ New 5 year lease to Platinum Spinal Centre and 3 year lease to Mental Health clinic.
+ Platinum Spinal Centre: in operation 13+ years with 3 locations across VIC, QLD & TAS.
+ Evolution Creative Art Therapies: mental health clinic and registered NDIS provider.
+ Guaranteed rental growth via fixed 3% increases annually across both leases.
+ Tenants pay all usual outgoings including building insurance.
+ High profile 1,060sqm* freehold corner landholding with 34,000 VPD* via Princes Hwy. (1)
+ Important 13 on-title sealed and lined car spaces.
+ Strategic position opposite Melbourne Uni, Mercy Hospital & St Vincent’s Private Hospital.
+ Werribee: booming metro suburb in Melbourne’s key western growth corridor.
+ Wyndham City: Australia’s fastest growing region, population forecast to grow 50% by 2041. (2)
+ Net Income: $142,080 pa* + GST

***please note that the Evolution Creative Art Therapies tenancy requested we take internal photos with no patients in shot***

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 18 September 2024
Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

*Approx
1. GapMaps
2. KPMG & .id