Auction – Thursday 21st March 2019
6pm @ Lismore Workers Club (if not sold prior)
This property offers an excellent, secure investment opportunity for the astute investor. The long established medical facility is ideal to add to a superannuation portfolio or as a stand alone investment with solid rental income of $105,600/annum with 9 years remaining on the current lease (to March 2028) and a 5 year option thereafter. The flood-free, high exposure location, strategically positioned between Lismore Base Hospital and St Vincent’s Private Hospital is within minutes of the CBD of the City of Lismore, and includes ample staff and patient parking. Consultation rooms and facility presented in great condition.
– 10 year lease to March 2028 with 5 year option.
– A-Grade medical tenant.
– Rental Income = $105,600/annum.
– 29 parking bays for staff and patients.
– High exposure location on corner of Bruxner Highway.
For more information or to arrange an inspection contact Chris Harley on 0412 758 830 or Glenn Mills on 0417 696 459
- Land is 1620 m²
- Floor Area is 343 m²
- 29 Car Spaces
- Street View
- Map View