Shop 3/1 Madden Boulevard Tarneit VIC 3029

+ Brand new 10-year lease to 2031 plus options to 2041.
+ Landlord favourable, net lease terms with tenant paying all outgoings.
+ Annual fixed compounding 3% rent increases ensuring rental growth.
+ Constructed in 2021, providing significant depreciation benefits.
+ Purpose built, state of the art 87sqm medical facility.
+ 46 on site parking including 26 car parks dedicated to childcare centre.
+ Surrounded by important social infrastructure, including 4 schools within 2km servicing a combined 4,174 full time students.**
+ Wyndham City: one of Australia's largest growth areas forecast population increase of 82% to 512,591 residents by 2041.
+ Net Income: $39,150* pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
Crown Casino, Melbourne.