Medical Asset | $3,430,000 | Net Yield: 5.61% | VIC
This near-new medical investment presents a compelling opportunity to secure defensive income and quality tenancy at an attractive entry price.
Recently refurbished, the purpose-built medical facility is fully leased under a secure 6 × 6 year lease, delivering a 5.61% net yield and a net income of $192,337 p.a. The asset is secured by an experienced, long-standing medical operator, with income diversified across general practice and allied health services, providing reliable, resilient cash flow underpinned by strong covenant strength.
Situated on a substantial 1,031 sqm landholding with wide street frontage, the property benefits from excellent local exposure and accessibility.
With minimal near-term capital expenditure, a tightly held village location and essential-service fundamentals, this investment offers a well-balanced combination of income security, land value and long-term defensive appeal.
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