Unit 6 / 220 Bay Road,
Sandringham, VIC 3191
Medical & Consulting • Offices • Shops & Retail
Price information
Sale - Expression of Interest closing Wed 3 Jul
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Key property information
Floor area
Car spaces
Expression of Interest
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Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
Unit 6 / 220 Bay Road
Sandringham, VIC 3191
Map of Unit 6 / 220 Bay Road
Train stations within 5 km of Unit 6 / 220 Bay Road, Sandringham, VIC 3191 Distance Highett Station 1.6 km Sandringham Station 1.9 km Southland Station 2.2 km Moorabbin Station 2.5 km Hampton Station 2.8 km POWERED BY HERE ©Tram stops within 5 km of Unit 6 / 220 Bay Road, Sandringham, VIC 3191 Distance 68-East Brighton/Hawthorn Rd (Brighton East) 4.5 km 67-Rogers Ave/Hawthorn Rd (Brighton East) 4.9 km 67-Howell St/Hawthorn Rd (Brighton East) 4.9 km POWERED BY HERE ©Bus stops within 5 km of Unit 6 / 220 Bay Road, Sandringham, VIC 3191 Distance Bay Rd Heathland Sanctuary/Bay Rd (Highett) 84 m Lansell Ave/Bay Rd (Highett) 217 m Sandringham College/Bluff Rd (Sandringham) 369 m Aberdeen Rd/Bay Rd (Sandringham) 383 m Bluff RdBay Rd 458 m POWERED BY HERE ©
POWERED BY HERE ©
CIRCA 6% RETURN WITH NEW 10 YEAR LEASE
- Brand New 10 Year Lease + Options
- Permit for 10 Doctors
- Attractive 3.5% annual rent increases
Teska Carson are pleased to offer to the market, the Sandy Hill Medical Centre, for sale via an Expression of Interest campaign closing Wednesday 3 July 2024 at 3pm.
The property has the following investment highlights:
+ Income: $200,000 per annum + GST and all usual outgoings
+ Brand New 10 year net lease to the Sandy Hill Medical Centre
+ Two five year options
+ 490 square metres with 26 car parks on title
+ Attractive 3.5% annual rent increases, ensuring future rental growth.
+ Strategically positioned within the highly successful Gardenside Development, which comprises 147 apartments with many more substantial developments either built or in planning within close proximity.
For more information or to arrange an inspection please don't hesitate to contact the listing agents.
The property has the following investment highlights:
+ Income: $200,000 per annum + GST and all usual outgoings
+ Brand New 10 year net lease to the Sandy Hill Medical Centre
+ Two five year options
+ 490 square metres with 26 car parks on title
+ Attractive 3.5% annual rent increases, ensuring future rental growth.
+ Strategically positioned within the highly successful Gardenside Development, which comprises 147 apartments with many more substantial developments either built or in planning within close proximity.
For more information or to arrange an inspection please don't hesitate to contact the listing agents.
Property ID: 504604864Last Updated: 21 Jun 2024
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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