Multi Site Medical Provider Tenanted Investment - Stamp Duty Free
Auction Location: Yallumundi Rooms, Sydney Opera House, Sydney NSW 2000.
SOLD PRIOIR TO AUCTION
Burgess Rawson are delighted to exclusively offer for Sale by Auction this exceptional essential service medical provider tenanted investment to Brindabella Hearing and Speech Centre on a strong 5 year lease.
Brindabella Hearing and Speech is the leading Hearing & Speech service provider in the Nations Capital with this centre servicing the Tuggeranong Valley, a population of 85,154 people.
Located in Wanniassa, one of Canberra's most populated suburbs, the sought after retail space and the high flow traffic leave little to no vacancies in the precinct. Wanniassa is easily accessed, approximately 5 minutes drive from Tuggeranong Town Centre, 10 minutes drive from Woden Town Centre and approximately 20 minutes drive from Canberra's CBD.
Investment Highlights
• Situated Within Canberra's Premium Nationally Tenanted Precinct.
• Sought After Location with Little to No Vacancies.
• Attractive 4 % Rent Increases
• Canberra's Largest Hearing and Speech Centre
• No Stamp Duty Payable.
• Net Income of $47,225.10 pa + GST
Lease Summary
• Lessee: Indigo Summit Pty Ltd
• Lease Term: 5 Years
• Lease commencement: 1st September 2020
• Lease expiry: 31st August 2025
• Rent Reviews: 4%
• Outgoings: $ 16,830.30
To be Sold by Auction on 3rd August 2021
Yallumundi Rooms, Sydney Opera House, Sydney NSW 2000
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