EOI CLOSING 18 Dec. Rare Opportunity - First Time on the Market in 40 Years. This is a rare opportunity to secure 304 sqm (Lots 1 and 2) of prime commercial real estate in a thriving and well established medical services precinct. First time to the market in 40 years.

This property has been leased to the same tenant, QML Pathology, for the past 40 years. The current lease has just over four years to run (until Feb 2028) with an option for a further five years. The Owners are currently netting $116,266 per year (with annual CPI rent reviews) after all costs, making this an attractive investment for those wanting good returns while watching their asset value grow.

The future potential of this offering within the Peninsula Specialist Medical Centre has never looked better with the Peninsula Private Hospital right next door currently undergoing a massive new extension. With several aged care residential centres within 100 metres of this complex this medical services precinct has so much to offer the new owner.

This property is being sold by Expressions of Interest (EOI) closing at 5 p.m. on Monday 18th December 2023. The Seller reserves the right to close the offer earlier than 18th Dec. Contact Jeff Smith on 0432 00 33 ... or jeff.smith@realdr.com.au for further details.