Unit 6 / 220 Bay Road,
Sandringham, VIC 3191

Medical & Consulting • Offices • Shops & Retail

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Key property information

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Car spaces

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Map of Unit 6 / 220 Bay Road

Directions

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
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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

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

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 Private Sale.

The property has the following investment highlights:

+ Income: $200,000 p.a + 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 contact the listing agents.

Property ID: 504604864Last Updated: 13 Nov 2024