Wilson Property

2/29 Mason Street,
Warragul

Property photo 1 — 2/29 Mason Street WarragulSold1 of 15

CBD Medical Investment - Renewed 5 Year Lease, 4.14% Net Yield

Medical/Consulting

416m2 FLOOR

Sold - $3,100,000

  • Recently renewed 5 year lease term to November 2026 with 3 x 5 year options
  • Annual rent of $134,480 + GST, tenant pays all usual outgoings
  • CPI annual increases
  • I-MED Radiology Network stands as Australia's leading medical imaging provider, with 240 clinics throughout Australia, employing over 4,000 employees
  • High spec medical fitout comprising multiple imaging rooms, reception/waiting room and excellent amenities
  • Part of a Landmark Commercial Development by BFN Developments in Warragul's thriving CBD
  • As new premises opened late 2015, substantial depreciation benefit
  • 50% Stamp Duty discount - see www.sro.gov.au

*(approx.)

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Sold: 2/29 Mason Street, Warragul VIC 3820 | Wilson Property