High Yielding Medical Investment
5/147 Centre Dandenong Road, Cheltenham VIC 3192
Contact Agent
OfficeSize: n/a
Nichols Crowder is proud to present 5/147 Centre Dandenong Road, Cheltenham, to the market for sale as a high-yielding medically tenanted investment.
This versatile 90sqm* space is comprised of three (3) treatment rooms, convenient dual amenities, a staff room complete with a kitchen, and a welcoming reception area.
Returning $35,000 per annum, plus outgoings on a newly signed 2 + 2 year lease, this property is considered a stable investment within a highly regarded medical precinct.
Situated within a medical precinct along the busy Centre Dandenong Road in Cheltenham, this property enjoys the advantage of convenient accessibility. It can be easily reached via Centre Dandenong Road itself, Nepean Highway, and Warrigal Road. It is also just a stone's throw away from the Moorabbin DFO.
* Total building area: 90sqm*
* Current medical tenant
* Returning $35,000 p.a. plus outgoings
* Strong 6% yield
* Newly signed 2 + 2 year lease
* Three (3) treatment rooms
* Dual amenities
* Staff room with kitchen
* Reception area
* Split system in each treatment room
* Carpet and floorboards throughout
* One (1) car space on title
* Visitor car parking on site
For further details or to arrange an inspection please contact:
Matthew Duncan 0400 427 427
James Glen 0401 493 277
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Features include: Air Conditioning,Close to Transport,Alarm System,Car Parking - Surface,Carpeted,Existing Fitout,Kitchenette,Openable Windows,Toilet Facilities
This versatile 90sqm* space is comprised of three (3) treatment rooms, convenient dual amenities, a staff room complete with a kitchen, and a welcoming reception area.
Returning $35,000 per annum, plus outgoings on a newly signed 2 + 2 year lease, this property is considered a stable investment within a highly regarded medical precinct.
Situated within a medical precinct along the busy Centre Dandenong Road in Cheltenham, this property enjoys the advantage of convenient accessibility. It can be easily reached via Centre Dandenong Road itself, Nepean Highway, and Warrigal Road. It is also just a stone's throw away from the Moorabbin DFO.
* Total building area: 90sqm*
* Current medical tenant
* Returning $35,000 p.a. plus outgoings
* Strong 6% yield
* Newly signed 2 + 2 year lease
* Three (3) treatment rooms
* Dual amenities
* Staff room with kitchen
* Reception area
* Split system in each treatment room
* Carpet and floorboards throughout
* One (1) car space on title
* Visitor car parking on site
For further details or to arrange an inspection please contact:
Matthew Duncan 0400 427 427
James Glen 0401 493 277
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Features include: Air Conditioning,Close to Transport,Alarm System,Car Parking - Surface,Carpeted,Existing Fitout,Kitchenette,Openable Windows,Toilet Facilities
Inspections
No open inspections scheduled.
Send an enquiry
Contact Matthew Duncan to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
1
Property type:
Office
Other Details
Maps and area information
Block information
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Cheltenham's suburb profile
Cheltenham suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
23,992
Listing ID: 182511393. This listing has been viewed 0 times. It was first displayed on 10/05/2024 and last updated on 23/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.