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Mt Gambier Medical Consulting Suites, 18-20 Sturt Street, MOUNT GAMBIER, SA, 5290

2. Property Highlights

As New Medical Centre, Constructed 2019
  • 'Essential Service' Investment
  • Secure 10, 5 & 3 Year Leases
  • Substantial Taxation Depreciation

+ Stamp Duty Free Investment

+ Secure 10, 5 & 3 year leases with options

+ Diverse income stream includes cardiology, obstetrics, pathology & plastic surgery

+ Annual rent reviews

+ Position perfect CBD location opposite Mt Gambier Council Chambers and new $35M shopping centre anchored by Coles / ALDI & nearby Woolworths, Dan Murphy’s, Spotlight etc

+ 1,742sqm corner site with dual 74 metre frontage

+ Important 33 on-site car spaces

+ Striking 505sqm facility including new and fully renovated buildings with significant depreciation benefits

+ Mt Gambier: South Australia’s second largest urban city, population of 27,000

+ Net Income $186,129 pa approx. (July 2021)

Auction Wednesday 31 March 2021 10.30am (AEDT)

River Room, Crown Casino, Melbourne

Co Agent: Herbert Commercial

David Herbert

08 8725 0500

commercial@herbertcommercial.com.au

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

Mt Gambier Medical Consulting Suites, 18-20 Sturt Street, MOUNT GAMBIER, SA, 5290

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4. Due Diligence

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