Burgess Rawson is pleased to offer to the market 213-215 Princes Highway, Werribee (Melbourne) VIC for sale via our Investment Portfolio Auction 171. This investment has the following key highlights: + Highly sought-after metro Melbourne freehold medical investment. + Two recently upgraded Chiropractic & Radiology and Mental Health clinics totaling 370sqm*. + Chiropractic clinic upgrades include additional consult room and new X-Ray room. + Tax saving depreciation benefits. + New 5 year lease to Platinum Spinal Centre and 3 year lease to Mental Health clinic. + Platinum Spinal Centre: in operation 13+ years with 3 locations across VIC, QLD & TAS. + Evolution Creative Art Therapies: mental health clinic and registered NDIS provider. + Guaranteed rental growth via fixed 3% increases annually across both leases. + Tenants pay all usual outgoings including building insurance. + High profile 1,060sqm* freehold corner landholding with 34,000 VPD* via Princes Hwy. (1) + Important 13 on-title sealed and lined car spaces. + Strategic position opposite Melbourne Uni, Mercy Hospital & St Vincent's Private Hospital. + Werribee: booming metro suburb in Melbourne's key western growth corridor. + Wyndham City: Australia's fastest growing region, population forecast to grow 50% by 2041. (2) + Net Income: $142,080 pa* + GST ***please note that the Evolution Creative Art Therapies tenancy requested we take internal photos with no patients in shot*** For Sale by Investment Portfolio Auction 10:30am AEST Wednesday 18 September 2024 Crown Casino, Melbourne Please contact the exclusively appointed sales team for more information. *Approx 1. GapMaps 2. KPMG & .id
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Property ID: 504670456