111 Sherbourne Road,
Montmorency, VIC 3094
Medical & Consulting • Development Sites & Land • Shops & Retail
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Belle Property Commercial - South Melbourne
First Floor, 170 Dorcas StreetSOUTH MELBOURNE, VIC 3205
04382770...
111 Sherbourne Road
Montmorency, VIC 3094
Map of 111 Sherbourne Road
A Magnificent Investment Opportunity with Excellent Long Term Prognosis
- Established medical business of 38 years
- Secure 7 + 7 year lease
- Huge land holding of 1980sqm*
Hockingstuart commercial are excited to offer to the market 111 Sherbourne Road, Montmorency, for sale via expressions of interest closing Friday 5th October at 4pm.
We highlight some key attributes below:
Prominent standalone medical investment
Secure lease: 7 + 7 years
Returning $94,411.61pa + GST + outgoings
Fixed annual 3% increases, market review at year 1 of option
Convenient on site car parking for 25 cars
Prime land holding of 1980sqm*
Charming medical practice of 228sqm* in building area
7 consulting rooms plus additional rooms for other related uses.
Established medical business since 1980
Long standing continuous medical use
Strategically located in Melbourne’s fast growing North-East corridor
Future development potential (stca)
Only 22km* from Melbourne’s CBD
*approx
Open for inspection Thursday's 2.30 - 3pm
Contact Agents:
Charles Carty 0438 277 0...
We highlight some key attributes below:
Prominent standalone medical investment
Secure lease: 7 + 7 years
Returning $94,411.61pa + GST + outgoings
Fixed annual 3% increases, market review at year 1 of option
Convenient on site car parking for 25 cars
Prime land holding of 1980sqm*
Charming medical practice of 228sqm* in building area
7 consulting rooms plus additional rooms for other related uses.
Established medical business since 1980
Long standing continuous medical use
Strategically located in Melbourne’s fast growing North-East corridor
Future development potential (stca)
Only 22km* from Melbourne’s CBD
*approx
Open for inspection Thursday's 2.30 - 3pm
Contact Agents:
Charles Carty 0438 277 0...
Additional information
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Property ID: 502941074Last Updated: 9 Jul 2019
Belle Property Commercial - South MelbourneFirst Floor, 170 Dorcas Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
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