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1156 Padman Drive Albury, NSW 2640

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1156 Padman Drive,
Albury, NSW 2640

Medical & Consulting

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Immaculate Specialist Medical Freehold Investment Next to Private Hospital

New 5+5+5 year lease.

Favourable net lease terms.

Fixed 3% rent increases.
  
Brand new 5+5+5 year lease to 2036.

Important medical facility occupied by a strategic network of cardiac, orthopaedic, plastic and reconstructive surgeons.

Highly sought-after, set-and-forget medical investment.

Landlord-favourable net lease terms with tenant responsible for Council Rates, Water Rates, Insurance and Land Tax.

Strong and certain rental growth with compounding, annual 3% rent increases.

Immaculately presented, 510 sqm modern medical facility including specialist consulting and minor procedure rooms.

Strategically located in key medical precinct adjoining Albury Wodonga Private Hospital (Ramsay Health) and nearby Albury Day Surgery, Dorevitch Pathology and Urologist.

Estimated Net Income: $193,800pa + GST.

For Sale by Investment Portfolio Auction
Burgess Rawson
11am (AEST) Tuesday 28 September 2021

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Property ID: 503900262Last Updated: 4 Jan 2022

0417 516 5...
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1156 Padman Drive
Albury, NSW 2640

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