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Sold on 28 Mar 2019

92-96 O'Shanassy Street Sunbury VIC 3429

  • Medical / Consulting
  • 696 m²
  • Sold

DIVERSIFIED INCOME STREAM ACROSS 4 TENANCIES + SIGNIFICANT UPSIDE

  • 10 year lease to Tri-Star Medical Group
  • 10 year lease to Augustus Gelatery
  • Strong indicative depreciation benefit

OVERVIEW

+ Anchored by national healthcare operator Tristar Medical Group with 31 Victorian locations on a new 10-year term plus options

+ Favourable, long term WALE of 8.1* years + Options

+ Dominate percentage of income (75%) assigned to established medical and dental operators

+ Annual income of $275,006* + Outgoings + GST

+ Positioned on an irreplaceable 1,025sqm* Commercial 1 Zoned land holding plus 3 frontages

+ A modern 696sqm* freestanding building adjoining public car park and major supermarket

+ Prominent retail frontage to OShanassy Street with rear laneway access

LOCATION

+ High growth location with a population increase of 115% forecast by 2041

For Sale via Public On-site Auction Thursday 28th March at 12.30pm

For further information contact the exclusive selling agents:

Sandro Peluso
+61 418 389 757

Josh Twelftree
+61 452 524 985

Rorey James
+61 439 400 081

Jimmy Tat
+61 439 399 118

*approx

Property Highlights

Property ID2014966550
Date Sold28 Mar 2019
Floor Area696 m²
Land Area1,025 m²
ParkingOn site parking available
Category
Last updated  25 Nov 2020
Map for 92-96 O'Shanassy Street Sunbury VIC 3429
Map for 92-96 O'Shanassy Street Sunbury VIC 342992-96 O'Shanassy Street Sunbury VIC 3429
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Property Highlights

Property ID2014966550
Date Sold28 Mar 2019
Floor Area696 m²
Land Area1,025 m²
ParkingOn site parking available
Category
Last updated  25 Nov 2020
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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