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Sold on 14 Jul 2017

56 Victor Crescent Narre Warren VIC 3805

  • Medical / Consulting
  • 1,602 m²
  • Sold


CBRE Victorian Health, Aged & Child Care are delighted to present for sale Narregate Medical & Dental Centre. This outstanding freestanding medical investment with development potential (STCA) in Narre Warren presents a fantastic opportunity in a tightly held medical precinct.

Narre Warren is a burgeoning suburb in the midst of development. It is home to growing families and great facilities such as the massive Fountain Gate Shopping Centre.

Key attributes of this outstanding retail investment property include:

- Leased to Primary Health Care Limited (ASX listed) - trading as Narregate Medical & Dental Centre

- Favourable lease structure: all outgoings paid by tenant including land tax

- Irreplaceable 4,177sqm* Commercial 1 Zoned landholding

- Permit for 20 practitioners

- Modern 1,602sqm* freestanding building plus 60* on-site car parks

-Rental Income $595,164pa* plus outgoings & GST as at November 2017 with fixed 3% annual rental increases

- Prime position in Narre Warren's thriving, large format retail and commercial precinct

For Sale via Expressions of Interest closing Thursday 6th July at 2.00pm.

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

Rorey James
+61 439 400 081


Property Highlights

Property ID2013637773
Date Sold14 Jul 2017
Floor Area1,602 m²
Land Area4,117 m²
EnergyAsk Agent
ParkingAsk Agent
Last updated  21 Sep 2017
Map for 56 Victor Crescent Narre Warren VIC 3805
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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