SOLD ! Secure Medical Freehold Investment

SOLD!

Secure Medical Freehold Investment

116-120 Cranbourne Road, Frankston VIC 3199

FOR SALE BY SET DATE CLOSING TUESDAY 3RD SEPTEMBER AT 2PM.

Nichols Crowder are proud to offer to the market a superb medical investment on the corner of Cranbourne Road and Kelman Street.

Cranbourne Road Medical Centre is a prominent and extremely well-presented medical freehold, providing not only the security of a long established tenancy, and arguably one of the best positioned medical centres opposite Frankston Homemaker Centre and within 1km* from Frankston’s Medical Precinct.

Key features include:

* Fabulous tenant on long lease of 12 years plus options
* Rent $138,936 p.a. net
* Annual 4% rent increases
* Security deposit plus guarantors
* Building area: 340sqm*
* Land area: 1,020sqm*
* Permit for 3 practitioners
* 7 light-filled consulting rooms
* Spacious and inviting reception/waiting
* Sizeable treatment rooms
* Staff kitchen/meals area
* Staff and patient toilets
* 14 carparking spaces on site

This medical centre freehold is an extremely safe and secure investment.

Terms of sale: 10% deposit, balance 30/60/90/120 days

For further information or to arrange an inspection, please contact the listing agents.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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