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Sold on 15 May 2019

Shop 3/11-17 Pearcedale Parade Broadmeadows VIC 3047

  • Retail
  • Floor Size170 m²
  • PriceSold

Rare Affordable Metro Medical/Dental Investment

Brand new 10 year lease to 2029 plus options to 2039.
Annual fixed 3.5% rent increase assuring growth.
Tenant pays all usual outgoings as per lease.
10 specialist branches across VIC and SA - In operation since 2009.
Specialised practice with capital intensive fit-out in 2010: circa $600,000.
Impressive 170 sqm retail space with 2 car parks on-title.
High traffic location, situated within 100m of Broadmeadows Central including national retailers Big W, K-Mart, Woolworths, Commonwealth Bank & Hoyts.
Single tenanted minimum management investment.
Broadmeadows: Located 16kms north of the CBD within Melbournes northern growth corridor. Population is forecast to grow 81.19% by 2041 (forecast.id).
Rent: $90,000 pa

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time15/05/2019 11:00
Auction locationShop 3/11-17 Pearcedale Parade, Broadmeadows VIC

Property Highlights

Property ID2015143744
Date Sold15 May 2019
Floor Area170 m²
Land Area170 m²
ParkingAsk Agent
Category
Last updated  1 May 2019
Map for Shop 3/11-17 Pearcedale Parade Broadmeadows VIC 3047
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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