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Burgess Rawson - Melbourne

Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard Tarneit, VIC 3029

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Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard,
Tarneit, VIC 3029

Medical & Consulting • Development Sites & Land • Offices

Price information

Sale - Auction Tue 14 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$67,200
Number of Tenants
1 Tenant
Tenants / Type
Wellbeing Chiropractic

Auction

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Private inspections

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Burgess Rawson - Melbourne
Rick Jacobson
Justin Kramersh
Shaun Venables

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard
Tarneit, VIC 3029

Map of Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard

Directions
  • Train stations within 5 km of Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard, Tarneit, VIC 3029Distance
    Tarneit Station2.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Wellbeing Chiropractic, Shop 4B/1 Madden Boulevard, Tarneit, VIC 3029Distance
    Tarneit Sec Col/Crossway Ave (Tarneit)1.4 km
    Wilandra Dr/Leakes Rd (Tarneit)1.5 km
    Toucan Rd/Hummingbird BVD (Tarneit)1.6 km
    Cadell Ave/Tarneit Rd (Tarneit)1.6 km
    Tarneit P-9 College/Crossway Ave (Tarneit)1.6 km
    POWERED BY HERE ©
POWERED BY HERE ©

Essential Service Medical Investment – Brand New 7 Year Net Lease

  • New 7 Year Lease to 2028
  • Tenant Pays All Outgoings
  • Fixed 3% Annual Increases
+ Brand new 7-year lease to 2028 plus options to 2043.
+ Wellbeing Chiropractic: long proven operator with 33 clinics across metro Melbourne.
+ Landlord favourable, net lease terms with tenant paying all outgoings.
+ Annual fixed compounding 3% rent increases – ensuring rental growth.
+ Constructed in 2021, providing significant depreciation benefits.
+ Purpose built, state of the art 128sqm medical facility.
+ Abundant on site parking.
+ Surrounded by important social infrastructure, including 4 schools within 2km servicing a combined 4,174 full time students.**
+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 82% to 512,591 residents by 2041.
+ Net Income: $66,150* pa + GST

To be sold by Investment Portfolio Auction: 
10:30am AEDT
Wednesday 15 December 2021
Crown Casino, Melbourne

**GapMaps
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents. 

Property ID: 503957826Last Updated: 28 Nov 2021

Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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