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Knight Frank - Eastern Office
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1020 Howitt Street Wendouree, VIC 3355

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For Sale - Expression of Interest

1020 Howitt Street Wendouree, VIC 3355

Medical & Consulting • Offices • Shop & Retail
Sale Price

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Floor area

325.0m²

Car spaces

18

Parking info

Car spaces on title

Property extent

Whole

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Partially Leased
Est. Incomep.a.
$133,000
Number of Tenants
2 Tenants
Tenants / Type
Kiro Kids and Central Highlands Podiatry

Brand New Medical Investment

  • Investment in high growth area
  • Est. net rental $133,000* per annum
  • Tax depreciation benefits
Knight Frank is delighted to offer for sale this brand new Medical Investment located at 1020 Howitt Street, Wendouree within the thriving regional township of Ballarat.

Trading as the ‘Ballarat Family Health Care’, the property is being offered for sale via an Expressions of Interest campaign that closes on Wednesday the 26th June at 4pm (if not sold prior).

Completed in late 2017 this sensational purpose built medical centre is prominently located on Howitt street within Ballarat’s newest Medical precinct and close to all amenities.

Property features include:

• Estimated fully leased net rental $133,000 (@ Nov 19) plus GST

• Tenants include Kiro Kids (7 + 7 year lease) and Central Highland Podiatry (5 + 5 year lease)

• The property consists of 8 consulting rooms, with a permit for 7 practitioners

• Building area of 325 sqm* with 18 on-site car spaces

• Significant Tax Depreciation Benefits available

• The property also provides the potential for part owner occupation

• Located in a high growth residential area that has seen an influx of new families over recent years


For further information or to arrange an inspection please contact the exclusive marketing agents.

Property ID: 503210310Last Updated: 12 Jun 2019

Knight Frank - Eastern Office
1020 Howitt Street
Wendouree, VIC 3355
Tim Grant
Tom Ryan

Knight Frank - Eastern Office

Nexus Corporate Park, Level 3, 10 Nexus Court
MULGRAVE, VIC 3170

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Knight Frank - Eastern Office

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Knight Frank - Eastern Office

Nexus Corporate Park, Level 3, 10 Nexus Court
MULGRAVE, VIC 3170
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Tim Grant

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Tim Grant
Knight Frank - Eastern Office
1020 Howitt Street Wendouree, VIC 3355

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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