High Yielding Medical Investment
UNDER OFFER
Nichols Crowder is proud to present 5/147 Centre Dandenong Road, Cheltenham, to the market for sale as a high-yielding medically tenanted investment.
This versatile 90sqm* space is comprised of three (3) treatment rooms, convenient dual amenities, a staff room complete with a kitchen, and a welcoming reception area.
Returning $35,000 per annum, plus outgoings on a newly signed 2 + 2 year lease, this property is considered a stable investment within a highly regarded medical precinct.
Situated within a medical precinct along the busy Centre Dandenong Road in Cheltenham, this property enjoys the advantage of convenient accessibility. It can be easily reached via Centre Dandenong Road itself, Nepean Highway, and Warrigal Road. It is also just a stone’s throw away from the Moorabbin DFO.
* Total building area: 90sqm*
* Current medical tenant
* Returning $35,000 p.a. plus outgoings
* Strong 6% yield
* Newly signed 2 + 2 year lease
* Three (3) treatment rooms
* Dual amenities
* Staff room with kitchen
* Reception area
* Split system in each treatment room
* Carpet and floorboards throughout
* One (1) car space on title
* Visitor car parking on site
For further details or to arrange an inspection please contact:
Matthew Duncan 0400 427 427
James Glen 0401 493 277
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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