A 70-YEAR MEDICAL INVESTMENT WITH COMMUNITY LEGACY.
Private Sale by Closing Date: Thursday 12th December 2024 at 3pm Unless Sold Prior.
POINT OF INTEREST:
Woven into the Ivanhoe fabric for over 70 years, this established medical clinic has been integral to the health of the community it serves — and it will do the same for your portfolio. For the first time in 45 years, this recently renovated clinic is coming to market with one of Australia’s leading health providers managing the practice. A freehold title with rear access to boot, the asset is carefully designed with five fully-equipped consulting rooms catering to various healthcare and professional service needs. There’s convenience and exposure being tucked behind Ivanhoe East’s retail precinct, and with a public car park next door, every patient won’t have to walk far. The current tenant has been in place long-term, providing strong rental security and reliability. They have recently extended their current term until 2029, bringing in a steady income and reinforcing the property’s clear USP: a secure medical investment opportunity.
- Leased to Ivanhoe East Medical Clinic, an established clinic for over 70 years.
- Recently extended lease until 30th April 2029 with 2 further 3-year terms.
- $107,136.68 per annum plus GST and outgoings.
- For Health managed practice with 75 centres Australia-wide.
- First time offered to market in over 45 years.
- 561 sqm* total land area with rear access.
- 200 sqm* total building area.
- Street parking and public parking next door.
https://www.eastivanhoemedicalclinic.com.au
https://www.forhealth.com.au
POINT OF VIEW:
A legacy investment. You can buy a beautifully renovated clinic with a recently renewed lease, but it’s not every day that over 70 years' worth of community trust and service is on the market.
*Approx.
Pricing excludes GST