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Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard, TARNEIT, VIC, 3029
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Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard, TARNEIT, VIC, 3029

2. Property Highlights

Essential Service Medical Investment – Brand New 7 Year Net Lease
  • New 7 Year Lease to 2028
  • Tenant Pays All Outgoings
  • Fixed 3% Annual Increases

+ Brand new 7-year lease to 2028 plus options to 2043.

+ Wellbeing Chiropractic: long proven operator with 33 clinics across metro Melbourne.

+ Landlord favourable, net lease terms with tenant paying all outgoings.

+ Annual fixed compounding 3% rent increases – ensuring rental growth.

+ Constructed in 2021, providing significant depreciation benefits.

+ Purpose built, state of the art 128sqm medical facility.

+ Abundant on site parking.

+ Surrounded by important social infrastructure, including 4 schools within 2km servicing a combined 4,174 full time students.**

+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 82% to 512,591 residents by 2041.

+ Net Income: $66,150* pa + GST

To be sold by Investment Portfolio Auction: 

10:30am AEDT

Wednesday 15 December 2021

Crown Casino, Melbourne

**GapMaps

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents. 

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

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Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
Rick Jacobson
Rick Jacobson
+61 *** *** *** show +61 413 830 083
Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605

3. Property Location

Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard, TARNEIT, VIC, 3029

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4. Due Diligence

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Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard, TARNEIT, VIC, 3029 Tarneit
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
Rick Jacobson
Rick Jacobson
+61 *** *** *** show +61 413 830 083
Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605
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