Overview
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1164603
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Sold!
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5
Description
LONG TERM NATIONAL TENANT
MEDICAL CLINIC SMACK BANG IN THE MIDDLE OF MONTVILLE
Here's an opportunity for investors looking for somewhere to put their money that will generate a secure 7% NET return from the get-go.
Two lots presented as a single property currently leased to a National Tenant on a 10* + 10 year lease - this has got to be worth your attention.
Well presented and maintained the Montville Village Square is a landmark in central Montville, a complex that accommodates the local Post Office, IGA, Pharmacy, Newsagency, two Cafes, three Retail Shops alongside of this GP Clinic.
The property is well serviced with off-street parking, with two undercover spaces and three open spaces exclusively allocated to this tenancy.
The subject property presents well with new flooring throughout combining with a neutral colour pallet across the well utilised 96sqm which includes :
* 3 Consulting Suites
* Large Treatment Room
* Reception and Waiting Room
* Pathology and Storage room
* Kitchenette and WC
This is a well presented property in a great location with long-term stable tenants in place.
Available for sale at $725,000 (plus GST if any) and offering a NET 7% return.
Please give me a call to arrange an inspection.
Blair Burr
0447 196 598
*first term expires August 2022