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SOLD

18 Gregory Street, SANDY BAY, TAS, 7005

Properties / Sold / Tasmania / Sandy Bay

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

For Sale by Expressions of Interest

Floor Area

246 m² (*approx)

Property Type

Child/Healthcare, Retail, Offices

Sub-type

Health Care & Medical, Office Suites, Mixed Use, Consulting Rooms

Terms

Lease to June 2025, with 2 x 5 year options, and attractive CPI annual increases.

Est. Income

$99,362 p/a

Fully Leased

General Practice Plus

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2. Property Highlights

Beautifully presented freehold building occupied by leading medical group

Estimated net income $99,430 + GST pa
Lease to June 2025 with 2x5 year options
CPI annual increases

Knight Frank present to the market this exceptional freestanding GP practice in the affluent suburb of Sandy Bay.

Occupied by Partnered Health are trading as 'General Practice Plus' – one of Hobart’s most successful and well-known GP businesses with 6 clinics in Southern Tasmania.

Lease to June 2025, with 2 x 5 year options, and attractive CPI annual increases.

Partnered Health are one of Australia's leading health groups with over 115 clinics through Australia and New Zealand.

Situated in the affluent suburb of Sandy Bay, adjoining Woolworths Supermarket and other known brands including Chemist Warehouse and Commonwealth Bank.

Estimated net income of $101,912 plus GST

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

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Child/Healthcare, Retail, Offices

Sub-type

Health Care & Medical, Office Suites, Mixed Use, Consulting Rooms

Est. Income

$99,362 p/a

Tenant

General Practice Plus

Terms

Lease to June 2025, with 2 x 5 year options, and attractive CPI annual increases.

Floor Area

246 m² (*approx)

Selling Method

EOI

Auction Date

2 Mar 2023 04:00PM

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Selling Details

For Sale by Expressions of Interest

2. Property Highlights

Beautifully presented freehold building occupied by leading medical group

Estimated net income $99,430 + GST pa
Lease to June 2025 with 2x5 year options
CPI annual increases

Knight Frank present to the market this exceptional freestanding GP practice in the affluent suburb of Sandy Bay.

Occupied by Partnered Health are trading as 'General Practice Plus' – one of Hobart’s most successful and well-known GP businesses with 6 clinics in Southern Tasmania.

Lease to June 2025, with 2 x 5 year options, and attractive CPI annual increases.

Partnered Health are one of Australia's leading health groups with over 115 clinics through Australia and New Zealand.

Situated in the affluent suburb of Sandy Bay, adjoining Woolworths Supermarket and other known brands including Chemist Warehouse and Commonwealth Bank.

Estimated net income of $101,912 plus GST

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

Remember to mention you found this property on CommercialReady