+12 Photos

SOLD

74 Ovens Street, Wangaratta, VIC, 3677

Properties / Sold / Victoria / Wangaratta

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Auction Tuesday 27th August from 11am

Land Area

676 m² (*approx)

Floor Area

676 m² (*approx)

Property Type

Child/Healthcare

Sub-type

Health Care & Medical

Terms

Ramsay Pharmacy Retail Services & Healius Pathology

Est. Income

$141,263 p/a

Fully Leased

Anchored by two triple net leases

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2. Property Highlights

PRIME HEALTHCARE INVESTMENT

* Anchored by two triple net leases with Ramsay Pharmacy Retail Services & Healius Pathology

* Three healthcare businesses in one building – pharmacy, pathology & exercise physiology

* Located opposite high performing Woolworths & next to Ovens Medical Group

* Net rental income of $141,263 with annual increases and a 4.1 year WALE (both as at August 2024)

* Well maintained asset in same ownership since 2005

* Opportunity to capitalise on the surge in healthcare property investment

Terms 10% deposit. Settlement from 3 December.

Auction: Tuesday 27th August from 11am @ REIV and online

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Child/Healthcare

Sub-type

Health Care & Medical

Est. Income

$141,263 p/a

Tenant

Anchored by two triple net leases

Terms

Ramsay Pharmacy Retail Services & Healius Pathology

Wale

4.1 years

Land Area

676 m² (*approx)

Floor Area

676 m² (*approx)

Selling Method

Auction

Auction Date

27 Aug 2024 11:00AM

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Selling Details

Auction Tuesday 27th August from 11am

2. Property Highlights

PRIME HEALTHCARE INVESTMENT

* Anchored by two triple net leases with Ramsay Pharmacy Retail Services & Healius Pathology

* Three healthcare businesses in one building – pharmacy, pathology & exercise physiology

* Located opposite high performing Woolworths & next to Ovens Medical Group

* Net rental income of $141,263 with annual increases and a 4.1 year WALE (both as at August 2024)

* Well maintained asset in same ownership since 2005

* Opportunity to capitalise on the surge in healthcare property investment

Terms 10% deposit. Settlement from 3 December.

Auction: Tuesday 27th August from 11am @ REIV and online

Remember to mention you found this property on CommercialReady

74 Ovens Street, Wangaratta, VIC, 3677 Wangaratta

Garry Nash & Co - Wangaratta

23 BAKER STREETWANGARATTA VIC 3677

Mike Noble

+61 *** *** *** show +61 487 222 006

Garry Nash

+61 *** *** *** show +61 418 573 089

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

74 Ovens Street, Wangaratta, VIC, 3677