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Merri Health, 4/19 Pentridge Boulevard Coburg, VIC 3058

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Merri Health, 4/19 Pentridge Boulevard,
Coburg, VIC 3058

Shops & Retail • Offices • Medical & Consulting

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Map of Merri Health, 4/19 Pentridge Boulevard

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Office/Retail Investment - Leased To Merri Health

  • Secure 5 Year Lease To Merri Health
  • Annual 4% Rent Increases
  • Tenant Pays Usual Outgoings
Secure 5 year lease to Merri Health to 2022 plus option to 2025
Merri Health: Community health provider in 11 locations, with Revenue $32.5m 2016/17
Annual 4% rent increases – assuring growth
Tenant pays all usual outgoings
Brand new fit-out – circa $1.2M
Modern 834 sqm retail / office with triple frontage and exposure
Two (2) car spaces on-title
Adjacent to 6,000 sqm shopping centre incorporating full line supermarket, retail shops and 15-screen Palace Cinemas, currently under construction completion expected 2020
Substantial tax depreciation benefits
Coburg: booming inner city Melbourne suburb, 8kms north from CBD
Rent: $204,960 pa

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne

Property ID: 502826546Last Updated: 3 May 2021

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Merri Health, 4/19 Pentridge Boulevard
Coburg, VIC 3058
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