Raine & Horne Commercial are delighted to present 524 & 526 Brighton Road, Brighton to the market for sale by Expression of Interest.
Excellent opportunity to purchase leased medical / allied health investment sites in the premium beachside suburb of Brighton, which can be sold together or separately.
The properties rest on two certificate of titles and receives over 35,000 passing vehicles daily (DPTI). They are located in The City of Holdfast Bay zoned Suburban Activity Centre (SAC) which offers further flexibility to the property.
Key Property & Lease Details:
524 Brighton Road, Brighton
- Leased to Back In Motion (Physio)
- Lease until 1st December 2026
- One further renewal terms of 5 year
- Estimated Approximate Net Rent of $86,748.88* per annum plus GST
- Building Area of 275 sqm*
- Site Area of Approx. 629.90 sqm*
526 Brighton Road, Brighton
- Portion Leased to Brighton Road Podiatry
- Leased until 30th June 2026
- Three further renewal terms of 5 years each
- Estimated Approximate Net Rent of $26,158.53* per annum plus GST
- NLA - Approx. 81.16m2*
- Portion Leased to Brighton Veterinary Hospital
- Leased until 30th April 2026
- Three further renewal terms of 5 years each term
- Estimated Approximate Net Rent of $63,809.90* per annum plus GST
- NLA - Approx. 295.81m2*
- Building Area of 412.65 sqm*
- Site Area of Approx. 629.90 sqm*
It is being offered For Sale by Expression of Interest closing 11th of June 2024 at 12pm (Unless Sold Prior).
PRICE GUIDE - In excess of $1.8M per site
Or In Excess of $3.6M together
Daniel Romeo 0413 383 370
RLA 205498
* All figures are approximates only
