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92-96 O’Shanassy Street, Sunbury

Diversified income stream across 4 tenancies + significant upside
  • Land Area:
    1,025 m2
  • Floor Area:
    696 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $275,006.00 + GST

OVERVIEW

  • Anchored by national healthcare operator Tristar Medical Group with 31 Victorian locations on a new 10-year term plus options
  • Favourable, long term WALE of 8.1* years + Options
  • Dominate percentage of income (75%) assigned to established medical and dental operators
  • Annual income of $275,006* + Outgoings + GST
  • Positioned on an irreplaceable 1,025sqm* Commercial 1 Zoned land holding plus 3 frontages
  • A modern 696sqm* freestanding building adjoining public car park and major supermarket
  • Prominent retail frontage to O’Shanassy Street with rear laneway access

LOCATION

  • High growth location with a population increase of 115% forecast by 2041

 

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