Medical Investment Opportunity
We are pleased to present for Auction this extraordinary investment opportunity. 11 Queen Street, Grafton is currently leased to BUPA Dental with a 5 + 5 + 5 year lease in place.
Extensive work was placed in the refurbishment of this former home; transforming the property into an immaculately presented dental practice. The property features stained timber floors and a light and airy reception area. There are five specialist consult rooms, dedicated sanitising and storage rooms as well as staff breakout areas. On inspection of this property, the quality will astound as it presents perfectly and in a neat package.
The tenant is currently in year three of the initial lease term, with a potential eleven years remaining. 100% of the property outgoings are recoverable under the terms of the lease. The current net rent of $35,000 + GST per annum represents a true net income value.
This truly presents an incredible investment opportunity with the potential to affordably acquire an A-Grade medical asset and diversify or further strengthen your investment portfolio. Inspection is strictly by appointment only. Contact Natasha Watkinson on 0418 193 044 to obtain a copy of the Information Memorandum and to book your inspection today as this property will be Auctioned, in rooms, Ford & Dougherty Property, 15 Prince Street, Grafton, Saturday 8th December 2018, 9.30am.
- By appointment
Floor Plan #1
11 Queen Street, GRAFTON