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Asleep Dental, 19 Hurd Street,
Portland, VIC 3305
Medical & Consulting
Price information
Sale - Expression of Interest closing Wed 3 Jul
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$46,208
Number of Tenants
1 Tenant
Tenants / Type
Asleep Dental
Expression of Interest
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
04173080...![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
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Asleep Dental, 19 Hurd Street
Portland, VIC 3305
Map of Asleep Dental, 19 Hurd Street
Bus stops within 5 km of Asleep Dental, 19 Hurd Street, Portland, VIC 3305 Distance Julia St/Hurd St (Portland) 272 m Portland Child and Family Complex/Julia St (Portland) 349 m Opp Library/Bentinck St (Portland) 443 m Henty Street Bus InterchangeHenty St 467 m Julia St/Bentinck St (Portland) 519 m POWERED BY HERE ©
POWERED BY HERE ©
Attention $475K Buyers - 10% Yield Reserve | Longstanding Dental Clinic & Residential
- 10% Net Yield Expected
- Dental Clinic On Site Since 2013
- Mixed Use Investment – Com. & Res.
Burgess Rawson are delighted to offer to the market, Asleep Dental and residence at 19 Hurd Street, Portland VIC for sale via Expressions of Interest.
The property has the following key highlights:
+ High-yielding commercial and residential combined investment – 10% net yield reserve.
+ Prime 911 sqm* landholding with 20m* frontage and General Residential Zone 1 (GRZ1).
+ Tenant on site since 2013 – 2 year lease recently ended, currently month-to-month.
+ Dental Clinic: Improvements include two operating rooms, reception area, laboratory sterilization room and patient toilet.
+ Residence: Improvements include a 3 bedroom, 2 bathrooms, reverse-cycle air-conditioning
+ On-site parking for six (6) cars.
+ Landlord favourable lease with tenant responsible for council rates and water rates.
+ Annual CPI rental reviews
+ In close proximity to key healthcare facilities including Seaport Medical Centre, Portland District Health and Henty Street Medical Clinic plus 350m* to Aldi and 440m* to Woolworths.
+ Only 300m* to Percy Street, Portland’s prime CBD main street.
+ Portland Port: One of Australia busiest regional ports and the largest sustainable hardwood chip export in the world.
+ Portland: major commercial centre with multiple economic drivers including shipping, commercial fishing, agriculture and tourism.
+ Potential 50% stamp duty savings.
+ Net Income: $46,208 pa* + GST
To be sold via Expressions of Interest
Closing Wednesday 3 July 2024
3PM AEST unless sold prior
To receive a copy of the information memorandum and discuss the property further, please reach out to the agent below:
DAVID NAPOLEONE
0417 308 0...
dnapoleone@burgessrawson.com.au
*Approx
The property has the following key highlights:
+ High-yielding commercial and residential combined investment – 10% net yield reserve.
+ Prime 911 sqm* landholding with 20m* frontage and General Residential Zone 1 (GRZ1).
+ Tenant on site since 2013 – 2 year lease recently ended, currently month-to-month.
+ Dental Clinic: Improvements include two operating rooms, reception area, laboratory sterilization room and patient toilet.
+ Residence: Improvements include a 3 bedroom, 2 bathrooms, reverse-cycle air-conditioning
+ On-site parking for six (6) cars.
+ Landlord favourable lease with tenant responsible for council rates and water rates.
+ Annual CPI rental reviews
+ In close proximity to key healthcare facilities including Seaport Medical Centre, Portland District Health and Henty Street Medical Clinic plus 350m* to Aldi and 440m* to Woolworths.
+ Only 300m* to Percy Street, Portland’s prime CBD main street.
+ Portland Port: One of Australia busiest regional ports and the largest sustainable hardwood chip export in the world.
+ Portland: major commercial centre with multiple economic drivers including shipping, commercial fishing, agriculture and tourism.
+ Potential 50% stamp duty savings.
+ Net Income: $46,208 pa* + GST
To be sold via Expressions of Interest
Closing Wednesday 3 July 2024
3PM AEST unless sold prior
To receive a copy of the information memorandum and discuss the property further, please reach out to the agent below:
DAVID NAPOLEONE
0417 308 0...
dnapoleone@burgessrawson.com.au
*Approx
Property ID: 504603992Last Updated: 28 Jun 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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