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Burgess Rawson - Melbourne

NEST Family Clinic, 289-291 Kooyong Road Elsternwick, VIC 3185

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NEST Family Clinic, 289-291 Kooyong Road,
Elsternwick, VIC 3185

Medical & Consulting • Shops & Retail • Development Sites & Land

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Burgess Rawson - Melbourne
Matthew Wright

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
NEST Family Clinic, 289-291 Kooyong Road
Elsternwick, VIC 3185

Map of NEST Family Clinic, 289-291 Kooyong Road

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Strategic Elsternwick Medical Clinic with Brand New 15 Year Lease

  • Brand new 15 year lease on net terms
  • Multi-disciplinary health clinic
  • 1,340 sqm* site with 22 car spaces
Brand new 15 year lease plus options secured by 6 month bank guarantee.
Multi-disciplinary medical clinic, established on site for 10 years.
Irreplaceable permit for 365 day trade and 17 medical practitioners.
1,340sqm* Kooyong Rd corner site directly opposite Caulfield Hospital with 22 car spaces.
Set-and-forget, net lease terms with the tenant responsible for council rates, water rates, building insurance, public liability insurance, repairs and maintenance.
Annual fixed 3% rent increases provide strong and certain growth.
57% of year 1 rent potentially tax free (1) after recent state-of-the-art, $1.6 million upgrade and extension.
11% forecast population growth by 2036 (2) and median family income 32% above the national average (3).
Net Income: $474,554 pa* + GST

To be Sold by Investment Portfolio Auction
10.30am AEST Wednesday 14 September 2022

*Approx
1. JM Advisory
2. .id
3. ABS

Property ID: 504140799Last Updated: 19 Dec 2024

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