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Rare Affordable Metro Medical/Dental Investment

Shop 3/11-17 Pearcedale Parade, BROADMEADOWS VIC, 3047

Sold

Property Sold in Shop 3/11-17 Pearcedale Parade, BROADMEADOWS VIC, 3047

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11342776
Status:
Sold
Price:
On Request
Last Updated:
12/03/2020
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Property Type

Retail/Medical/Consulting/Offices
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Land Area

170 SQM
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Floor Area

170 SQM
Icon parking

Parking

N/A

Rare Affordable Metro Medical/Dental Investment

Brand new 10 year lease to 2029 plus options to 2039.
Annual fixed 3.5% rent increase assuring growth.
Tenant pays all usual outgoings as per lease.
10 specialist branches across VIC and SA - In operation since 2009.
Specialised practice with capital intensive fit-out in 2010: circa $600,000.
Impressive 170 sqm retail space with 2 car parks on-title.
High traffic location, situated within 100m of Broadmeadows Central including national retailers Big W, K-Mart, Woolworths, Commonwealth Bank & Hoyts.
Single tenanted minimum management investment.
Broadmeadows: Located 16kms north of the CBD within Melbourne’s northern growth corridor. Population is forecast to grow 81.19% by 2041 (forecast.id).
Rent: $90,000 pa

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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