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2. Property Highlights

MEDICAL INVESTMENT - 6% + RETURN
  • Income of $242,000 pa* + GST
  • Four (4) year lease plus options
  • Triple frontage corner site of 627 sqm*

Aston are pleased to offer 1 Messmate Street, Lalor for Private Sale.

This freehold investment comprises a premium multi-purpose Medical Centre designed to meet the exacting standards of the local community and growing location.

Securely leased, the tenant is a subsidiary of Sonic Health Care and forms part of the national IPN Medical centres network. IPN is Australia’s largest operator of Medical Centres and provider of quality management services and facilities for Doctors.

Medical assets have proven themselves to be secure and long term investment plays. Recent events have only reinforced this view. Healthcare provides secure yields, driving long term growth even during times of economic downturn.

This is clearly endorsed by the current tenant recently renewing their option and committing to a future term.

1 Messmate Street is superbly positioned on a triple frontage block only 17km’s* from the CBD within the fast growing region of Melbourne’s North.

Property Features:

• Long standing tenant trading in the area since 1973

• On-site staff parking

Aston strongly recommend this quality long term investment for your serious consideration.

To arrange an inspection or for more information, please contact the exclusive selling agents.

*approx

Remember to mention you found this property on CommercialReady

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3. Property Location

1 Messmate Street, Lalor, VIC, 3075

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4. Due Diligence

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