Long Term – 10 Year Lease Medical / Dental Freehold

SOLD

212 Canterbury Road

Heathmont VIC 3135

Healthcare

FOR SALE

243m2

    • Floorplans View Floorplan
**Expressions of Interest closing 22nd September 2016 at 4pm.

Ray White Commercial proudly presents this rare opportunity to invest into a Brand New ten (10) year lease to a long standing Dentistry tenant | Heathmont Dental.

This purpose built prime corner allotment with outstanding exposure with future value add potential makes this strong lease covenant property a must have in your property portfolio, not to mention the fact the property boasts:
- Leased to Heathmont Dental since 1995
- Prominent Exposure to Canterbury Road
- 2 main street frontages
- Building Area | 243m2 approx.
- Featuring 10 car spaces on site
- Irreplaceable multi frontage land holding of 850m2 approx.
- Brand new Ten (10) Year Lease with 2 further options of 5 years each
- 3% annual increases
- Currently Zoned NRZ2 with Council preparing an amendment as part of the Heathmont Activity Centre Structure Plan to allow for higher density with heights between 2-3 levels (STCA)
- Total Income $90,000 per annum