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39 Breed Street, TRARALGON, VIC, 3844

+9 Photos

+11 Photos

SOLD

39 Breed Street, TRARALGON, VIC, 3844

Properties / Sold / Victoria / Traralgon

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

729 m² (*approx)

Floor Area

291 m² (*approx)

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Health Care & Medical, Office Suites, Mixed Use

Terms

15 year lease to 2037 plus option to 2042

Show All

2. Property Highlights

New 15 Year Lease | Prime Medical Centre

Tenant Pays Usual Outgoings – Net Lease
I-MED Radiology - 50 Centres Nationwide
Essential Service Medical Centre

+ 15 year lease to 2037 plus option to 2042

+ Greater of 2.5% or CPI annual rent reviews

+ Tenant pays all usual outgoings as per lease

+ Leased to major medical group with 9 centres in Victoria, New South Wales, Queensland and South Australia

+ Strategic 729sqm* site

+ Modern 291sqm* medical & radiology clinic

+ Secure on-site parking for 4 vehicles

+ Includes I-MED Radiology having over 50 imaging centres nationwide

+ Strategically opposite Woolworths Supermarket with close proximity to Latrobe Regional Hospital

+ Potential 50% stamp duty savings

+ Traralgon: retail & commercial capital of the Latrobe Valley, trade catchment of 75,000+

+ Net Income: $109,785 pa* + GST

For Sale by Auction

10.30am (AEST) Wednesday 14 September 2022

Crown Casino, Melbourne VIC

Also offered for sale is the adjacent 37 Breed Street (see full website listing on this property separately) which includes the same lease term to the same medical tenant on 15 year lease, to be auctioned separately on same day – Wednesday 14 September 2022)

*approx.

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