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8/419-421 Victoria Street
Abbotsford VIC 3067
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Sold on 2 Oct 2023

8/419-421 Victoria Street Abbotsford VIC 3067

  • Medical / Consulting
  • 115 m²
  • Sold

Entry Level Medical Investment | Tenant On-Site 15+ Years

    Burgess Rawson are pleased to offer to the market the Chinese Medicine Clinic in Abbotsford VIC for sale private sale.

    The property has the following investment highlights:
    + Renewed Two (2) year lease to January 2025 to longstanding tenant of 15+ years.
    + David ACM: proven Chinese medicine clinic, specialising in acupuncture, herbal medicine and remedial therapy.
    + Desirable annual CPI rent reviews.
    + Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
    + Busy clinic trading 7 days a week with strong reputation in the Chinese community.
    + Well-presented 115sqm* clinic with rear roller door access and 3 allocated car spaces at the rear.
    + Situated in key medical precinct, opposite medical centre, dentist, pharmacist and skin clinic.
    + High profile position, only 30 metres* from tram stop and direct exposure to 18,200 vehicles passing daily.**
    + Abbotsford: booming city fringe suburb, with population forecast to grow 53.97% by 2041.***
    + Net Income: $39,995pa* + GST

    + 2 2025 1 15 + (CPI)
    + + $39,995 * +
    + David ACM
    + 7
    + 115* 3
    + 30 18,200 + Abbotsford 2041 53.97%

    *Approx
    **GapMaps
    ***Profile.id

    Property Highlights

    Date Sold2 Oct 2023
    Floor Area115 m²
    Land Area115 m²
    ParkingAsk Agent
    Property ID2018624321
    Category
    Last updated  2 Oct 2023
    Map for 8/419-421 Victoria Street Abbotsford VIC 3067

    Property Highlights

    Date Sold2 Oct 2023
    Floor Area115 m²
    Land Area115 m²
    ParkingAsk Agent
    Property ID2018624321
    Category
    Last updated  2 Oct 2023

    Co-Agents

    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Rick Jacobson
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 083

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