General Information
Property Category: Medical
Sale - Special Requirements: Buyers are required to disclose their intended use of the property (e.g., medical practice, clinic, or leasing to healthcare providers) as part of the purchasing process.
Property Available From: May 24, 2024
Lease Information
Lease Description: Additional Lease Information
Tenant Information
Occupied or Vacant: Occupied
Building occupied percentage: 50%
Total rent per annum: $10,000.00
Yield: 20.00%
Rent review: Yes
Additional rent review information: Rent review additional information
ERV - Estimated rental value: $10000.00
Additional ERV information: ERV more details, more details
No of tenants: 2
Lease information:
Lease type: Full Repairing and Insuring Lease
Name of lessee: Tenent 1
Start date: May 01, 2019
End date: May 01, 2028
Years to expiry: 4
Current rent per annum: $800.00 per sq. ft.
Lease break: Yes
Lease break options: Mutual
Years remaining until break: 2
Lease type: Full Repairing and Insuring Lease
Name of lessee: Tenet 2
Start date: Jun 01, 2018
End date: Jun 01, 2030
Years to expiry: 6
Current rent per annum: $700.00 per sq. ft.
Lease break: Yes
Lease break options: Mutual
Years remaining until break: 3
Building Information
External Building Condition: Average
Year Built: 1945
Last Renovated: 2016
Number of floors: 2
Construction type: Bricks
Internal & Communal Parts Condition: Average
Listed Property Condition: Newly refurbished
Property condition details : Fantastic space
Available Reports: Structural / Building Condition, Surveyor Reports, Health & Safety, Fire Regulations, Asbestos, Other Reports Available
Pricing Information
Selling price:
$800,000 - $1,000,000
Service Charges: $3,000.00 per annum
Other costs: No extra costs