A good addition to any property portfolio, or indeed, a great one with which to start investing.
Property is occupied by Orthodontic Practitioners (hence the smile) and is fully leased to a national group.
Strata-titled, the surgery suite is one of five strata within a single level, low maintenance building which is wholly occupied by oral health providers.
Details of this investment opportunity are as follows:
• 5 year lease, plus options to 2030
• Lessee: Australian Dental Corporation (a division of Bupa)
• Current rent $20,308 pa
• Lessee pays all outgoings
• Annual rent reviews to C.P.I.
• Next review due Nov 2015
