Maude Street Medical Centre - Circa 8% Return

Description

Fully occupied medical investment leased to 2022 plus options
Tenants include Melbourne Pathology, Reid’s Pharmacy & Specialist Consulting Rooms (building completed 2012 – 711 sqm) and Wyndham House Clinic a privately owned, full service medical practice providing ‘whole of life’ care to Greater Shepparton since the 1950’s
Immaculately presented 1,095 sqm building
Fixed 3% & annual rent reviews – Tenants pay all usual outgoings as per leases
Ample on-title parking at front and rear plus extensive curb-side and median strip parking on Maude Street
Strategic Activity Centre 1 Zoned, CBD site of 2,476 sqm with 50m frontage to Maude Street
Shepparton: major regional city servicing central Victoria, 150km north of metropolitan Melbourne, trade catchment circa 100,000
Rent: $402,115 pa

Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne

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Beau Coulter Partner
0413 839 898
Jamie Perlinger Head of Agency | Partner
0413 860 315
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Shepparton, VIC

92-96 Maude Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 117

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