Knight Frank is pleased to present this brand new medical investment for sale.
Suite 15A is leased to ‘ISN Psychology’ on a brand new 10 year lease with options to extend until 2040. The property returns a total of $21,612 NET per annum, with the tenant paying all outgoings.
Located in the new ‘7 Ormond’ office/medical development in University Hill, the location benefits from direct access to the Metropolitan Ring Road which offers a direct route to Melbourne’s CBD and beyond.
The medical space is located on level 1, comprising of 70sqm of space with 2 car spaces allocated on title within the secure car park.
Lease Details –
• ISN Psychology
• 10 + 5 + 5 year lease term
• $21,612 P/A plus GST & Outgoings
• CPI Annual increases
• Lease commencement 1st May 2020
Key features –
• 70sqm office/medical space
• 2 Car spaces allocated on title
• Brand new development
• Close proximity to the Metropolitan Ring Road
• In-suite kitchenette
Please contact one of the exclusive sales agents for further information.
For more details, please email agent