BLUE CHIP LEASED INVESTMENT - NEW 5 YEAR LEASE
Secure leased investment in the heart of the Malaga retail precinct.
This rare sale offering comprises of two high exposure strata units, sold together, on the corner of Beach Road and Alexander Drive.
Features include:
- Leased to Sonic Healthplus Pty Ltd which is a wholly owned subsidiary of Sonic Healthcare Limited, one of the largest ASX ('SHL') listed medical companies
- Current lease expiry 31 Dec 2026, with 2 further terms of 5 years to extend
- Net Rental Income: $144,178.70 p/a + Outgoings + GST
- Annual CPI rent reviews & Market rent reviews at option (cap/collar of 12%)
- Total lettable area of 561m2 (lots 2 & 4 are interconnected)
- Major tenants in this complex include Westpac, ANZ and TAB
These properties are for sale together by Offers to Purchase closing 5pm AWST 29 April 2022 (unless sold prior).
For further information or to arrange an inspection please call Malcolm Healey, Altegra Property Group
