71 Georgetown Road, Georgetown, NSW 2298

Medical | Offices

Sold Contact Agent

  • Property ID: 437413
  • Floor Area: 146m²
  • Land Area: 411m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 01/11/2023 146m2 411m2 Contact Agent
Free-Hold Investment Opportunity With Long-Standing Medical Occupant

71 Georgetown Road, Georgetown is an exciting opportunity to purchase a fully leased property with a medical fit out.

Located on a corner block in the heart of Georgetown, the property has great signage opportunities and dual street frontage

The inside of the property features a large reception area and waiting area and (4) air-conditioned consulting rooms. The property also includes a kitchen and breakout room, separate staff amenities and a large storage room. In addition, the rear section of the property has staff car parking.

The property is currently leased to "Georgetown Arthritis" who have been occupying the property for over (20) years. There is a new (5) year lease in place with a (5) year option. 80000

The property currently generates $80,000 per annum net with a lease in place until 2028 with a further (5) year option. The tenant pays 100% of the outgoings.

This investment must be sold!

For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Final bidding stage closes Wednesday 1 November @6pm. Contact Alan Tonks or Josh Barnes immediately to become qualified and avoid disappointment.

Georgetown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $8219 --- ---
Industrial $1571 --- ---
This is the average advertised price, rent and yield for Georgetown, NSW 2298*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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