Purchased

Long term Medical tenant

  • $99,000 + GST + tenants pay outgoings
  • 7 consulting rooms, Theatre Room, Reception Area and Staff kitchenette
  • Prominent corner positioning

Building Type: Medical asset
Building Area: 275m2

Land Area: 400m2
WALE: 2.8 years

How we helped this client

Our client wanted help to secure an off-market property and after looking at a number of them, this asset was for them. It was a high yielding sub $2m freestanding medical asset. Properties like this are rarely seen at yields over 5%. This one was secured at 6.71%. We like this property because this medical commercial asset has a long-established medical specialist tenant having occupied the site since 2009. This site has dual street access and great retail exposure, with a glass shop front. Better yet, this is a freestanding asset.

More properties

hull
winda