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Suite 15/7 Ormond Boulevard, BUNDOORA VIC, 3083

Sold

Property Sold in Suite 15/7 Ormond Boulevard, BUNDOORA VIC, 3083

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150

Listing ID:
11377424
Status:
Sold
Last Updated:
09/06/2020
Icon building

Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

70 SQM
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Parking

N/A

INVESTMENT – 10 YEAR LEASE

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

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150


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