A MEDICAL TENANT: AN INVESTORS PICTURE OF HEALTH.

EOI – Leased Investment - 9/445 Grimshaw Street, Bundoora

Investment opportunity, Retail, Showroom, Medical

Overview
Property ID: 20616
Price: Contact Agent
Rent: $81,815 (ex. GST)
Building: 237m²
Zoning: Industrial 1 Zone
EOI
18/09/2024 03:00 PM
Add to Calendar 18/09/2024 03:00 PM 18/09/2024 03:00 PM Australia/Melbourne EOI – Leased Investment - 9/445 Grimshaw Street, Bundoora A MEDICAL TENANT: AN INVESTORS PICTURE OF HEALTH. Daniel Philip [email protected] false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960
Attachments
Description

POINT OF INTEREST

Available for Sale - Offers Under Review

Smooth check-ups can give you a new lease on life, but this lease has already been treated as the healthiest investment you’ll make this financial year. Advance Healthcare Bundoora specialize in physiotherapy, pain management, and psychology, and have been practicing here for over 7 years in total. Their current agreement has been in place since the 1st of September 2023 for a five year term returning $81,814.87 per annum plus outgoings & GST. The profile corner 237sqm* showroom and first-floor office of 36sqm are beautifully suited to any service tenant, but it particularly serves this corner of Grimshaw Street, where commuters see this building as the poster child for the block. Regardless of the high-performing tenant, the future here is in your hands, as any kind of medical, retailer or showroom occupier would thrive amongst similar neighbours and sitting so close to Metropolitan Ring Road and the Greensborough Highway.

- Tenant: Advance Healthcare Group Pty Ltd, trading as Advance Healthcare.
- Rental: $81,814.87 per annum plus outgoings & GST.
- Lease term: Five (5) years from 1st September 2023.
- 237 sqm* showroom with additional first-floor office / mezzanine of 36sqm*.
- Corner position with high exposure to Grimshaw Street.
- 2.7 km* to Metropolitan Ring Road.
- 1.8 km* to Greensborough Highway.

POINT OF VIEW:

They say that health is wealth, and here, the corner position amongst a busy neighbourhood service district will ensure your investment sees the cleanest bills stacked onto your portfolio for years to come.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyAdvance Healthcare
Lease TermFive ( 5 ) years
Commenced1st September 2023
Rent Review2% or CPI whichever is greater p.a
Bond/Guarantees$15,999.99
Outgoings PayableBy tenant as per lease
AvailabilityNegotiable
Car Parking FeesNil
Car SpacesOnsite
ConditionExcellent
FloorsCarpet
LiftsN/A
Roller DoorsN/A
SprinklersNo
Wheel Chair AccessYes
ZoningIndustrial 1 Zone
Outgoings
Owners’ Corporation$3,800.00
Building InsuranceTBC
Council Rates$2,300.00
Water Rates$2,000.00
Land Tax$975.00
Essential Safety Measures$1,000.00
A/C MaintenanceTBC
Other ChargesTBC
Agent Details
CVA Property Consultants - Daniel Philip

Daniel Philip

M | 0439 977 121
T | (03) 9623 2560
E | [email protected]

CVA Property Consultants - Craig McKellar

Craig McKellar

M | 0431 892 780
T | (03) 9623 2571
E | [email protected]

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