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Long Established Orthodontics Clinic - Brand New 10 Year ...

Shops 2 & 3/240 Caroline Springs Boulevard, CAROLINE SPRINGS VIC, 3023

Sold

Property Sold in Shops 2 & 3/240 Caroline Springs Boulevard, CAROLINE SPRINGS VIC, 3023

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11342832
Status:
Sold
Price:
On Request
Last Updated:
06/09/2019
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Property Type

Retail/Medical/Consulting/Offices
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Land Area

181 SQM
Icon size

Floor Area

181 SQM
Icon parking

Parking

N/A

Long Established Orthodontics Clinic - Brand New 10 Year Lease

Brand new 10 year leases to 2029 plus options to 2039.
Annual 3.5% rent increases assuring growth.
Rare double shop frontage of circa 10 metres.
10 specialist branches across VIC and SA - in operation since 2009.
Tenants pays all usual outgoings as per lease.
Immaculately presented modern building of 181 sqm (2 retail shops on separate titles) with 6 allocated car spaces.
Specialised practice with capital intensive tenant fit-out in 2008 – $500,000.
High traffic location, central amongst national retailers and adjacent to the Coles and Aldi anchored CS Square Shopping Centre undergoing major $45 million redevelopment to include Woolworths Supermarket and specialty shops with 3.65 million visitors annually.
Caroline Springs: 21km to Melbourne CBD, major activity centre in the City of Melton, projected 195% population growth by 2051 (forecast.id).
Rent: $95,000 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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