Springvale

17 Windsor Avenue

  • 10
**Exclusive Auction Opportunity: Premium Medical Facility at 17 Windsor Avenue, Springvale**
Leyton Commercial is delighted to present an exceptional investment opportunity with the upcoming auction of 17 Windsor Avenue, Springvale. Nestled in the heart of the dynamic Springvale CBD and shopping precinct, this prime location is surrounded by a plethora of amenities and local services.

This high-grade medical specialist facility, established by Dr. Thuy Dinh, offers a robust investment with strong income and desirable property value appreciation, a trend that has been consistently demonstrated in the Springvale commercial market.

The facility boasts a meticulously planned layout featuring three spacious consultation rooms, an open and welcoming reception area, dedicated recovery zones, and state-of-the-art theatre operating facilities. Currently, the premises are leased to Springboard Healthcare services, ensuring a steady and reliable rental income.

Seize this unique opportunity to invest in a premium medical property with a proven track record of success. Join us for the auction and secure a valuable asset in one of Springvale's most vibrant locations.
* Rent income $186,300 PA Net from 22/11/2024
* Lease 7 years commenced 21 April 2023
* Further terms 5 years + 5 years
* Fixed annual increase: 3.5%
* Market review – CPI + 0.75% with a cap of 5%
* Tenant pays all outgoings
* Floor Area: 338m2*
* Land Area: 770m2*
* 10 onsite carparks + Street parking
* *Approximate

Terms: 10% deposit
Balance: 30/60/90 days
AUCTION

Property Details

  • Retail
  • Thursday 11th July 2024
  • 11:00am
  • On Site