SOLD

195 Raymond Street, Sale, VIC 3850


Entry Level ASX Listed Heathcare Freehold

Secure 7 Year Net Lease
Attractive Fixed 3.5% Increases
Essential Service Medical Investment

+ Secure 7 year lease plus options through to 2037.
+ Healthia Ltd (ASX: HLA) Australia's largest allied health group with a 280+ locations nationally which includes Physiotherapy, podiatry and optometry clinic, with a current market cap of $281 million.
+ Trading as The Foot & Ankle Clinic a specialist podiatry clinic with 14 strategic locations across Victoria.
+ Investor preferred net lease terms with tenant paying all usual outgoings (inc Land Tax) as per the lease.
+ Annual, fixed compounding 3.5% increases- assuring long term rental growth.
+ Highly sought-after essential service medical investment.
+ Central 155sqm* building with recent tenant upgrades completed in 2018.
+ Dual 30m frontage including North-side laneway
+ Central position amongst of national retailers including Telstra, Commonwealth Bank, Westpac, NAB, ANZ, Spotlight, Rivers and plenty of more leading local businesses
+ Sale: Major Commercial Centre with 32,000+ Trade Catchment
+ Potential 50% Stamp Duty Saving
+ Rent: $46,210 pa May 2022

Please Contact Grant Williams 0412 513 470 for further information.

Property Info

Municipality
Sale
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