SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Immaculate Medical Centre Investment – Western Melbourne Growth Corridor

341C Forsyth Road, Truganina VIC

Property Highlights

Secure 7 year lease to April 2026
Fixed 3% rent increases
Significant depreciation benefits
Register to Bid

Description

+ Secure 7 year lease to LiveWell Medical plus options to 2039.
+ Newly constructed (2019) 545 sqm standalone premises.
+ Destinational commercial complex supported by neighbouring dental, childcare plus national tenants.
+ Excellent tax saving depreciation benefits.
+ Fixed 3% rent increases ensuring growth.
+ Tenant responsible for usual outgoings including management fees.
+ Abundant parking at the shop front.
+ Single tenant minimum management investment.
+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 70% to 512,591 residents by 2041.
+ Net Income: $208,535 + GST

For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical Centre
Land Size
553 SQM
Building Area
356 SQM

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