Freehold investment with AXS tenant - Medical consulting rooms with substantial on site car parking
The subject property comprises medical consulting suites that are occupied by the Melbourne Orthopaedic Group. The tenant is Ramsay Health Care Limited who is the owner of The Avenue Hospital located opposite the subject property at 40 The Avenue.
The property comprises two separate mansions that have been augmented to provide first class medical consulting rooms.
There are 31 on site car spaces together with an additional building comprising consulting area / board room located on the Cyril Street frontage of the property.
The subject property provides a very real opportunity to corner the market of “valuable permitted consulting rooms”, an investment that will always have enormous appeal to various consulting surgeons, the owner of The Avenue Hospital and private investors.
The investment will appeal to those looking for a secure investment with a publicly listed tenant that pays all outgoings, including land tax.