> Secure 10 year lease commenced May 2020 plus options through to 2040
> Current compounding rent $169,861 p.a. with fixed 3.5% annual increases, assures long term rental growth
> Tenant pays all usual outgoings as per the lease (excluding land tax)
> High demand essential services medical investment trading as The Foot & Ankle Clinic. The Foot & Ankle Clinic is owned by Healthia Group, Australia's Largest Allied Health Group
> Modern 342m²* building with up-to-date medical fit-out
> 471m²* dual frontage with 14.29m* frontage to Grey Street and onsite carparks
> Prized location situated on high profile main road and situated amongst other major services including schools, medical and professional services
> Zoned Activity Centre (ACZ) - Latrobe City Planning Scheme
> Potential 50% stamp duty concession available from April 2024
Tenant: Healthia has over 300+ clinics across Australia and New Zealand, with providers across a range of different allied health disciplines including physiotherapy, podiatry, optical & audiology
For Sale via Expression of Interest closing Thursday 6th June 2024 at 3:00pm
(if not sold prior)
*(approx.)
