Burgess Rawson is pleased to offer to the market 37 Breed Street, Traralgon VIC for sale via our Investment Portfolio Auction 164.
This opportunity has the following key investment highlights:
+New 12 year lease plus a further two (2) ten (10) year options
+Greater of 2.5% or CPI annual rent reviews
+Tenant pays all usual outgoings as per lease
+Leased to major medical group with 13 centres in Victoria, New South Wales, Queensland and South Australia
+High profile 2,824sqm* freehold site
+Long-standing 1,099sqm* medical and pathology clinic
+Major past upgrades and extensions to entire centre
+Secure on-site parking for 57 vehicles*
+Includes Dorevitch Pathology having 450+ clinics nationwide
+Strategically opposite Woolworths Supermarket with close proximity to Latrobe Regional Hospital
+Potential 50% stamp duty savings
+Traralgon: retail & commercial capital of the Latrobe Valley, trade catchment of 75,000+
+Net Income: $360,025 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 25 October 2023
Crown Metropol, Melbourne
*approx.
