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LiveWell Medical, 341C Forsyth Road, TRUGANINA, VIC, 3029

2. Property Highlights

Immaculate Medical Centre Investment - Western Melbourne Growth Corridor
  • Secure 7 year lease to April 2026
  • Fixed 3% rent increases
  • Significant depreciation benefits

+ 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

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

LiveWell Medical, 341C Forsyth Road, TRUGANINA, VIC, 3029

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4. Due Diligence

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