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1 Messmate Street
Lalor VIC 3075
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Sold on 27 Mar 2024

1 Messmate Street Lalor VIC 3075

  • Medical / Consulting
  • 1 m²
  • Sold

High Yielding ASX-Listed Medical Investment | Established Business of 50+ Years

    Burgess Rawson is pleased to offer to market 'Sonic Healthcare' located at 1 Messmate Street, Lalor VIC, for sale via Auction Investment Portfolio 167.

    The property has the following key investment highlights:

    + Renewed Four (4) year lease plus option to 2030.
    + Sonic Healthcare Ltd (ASX:SHL): internationally renowned and world leading healthcare provider, employing more than 17,100 medical practitioners and with a current market cap of $13.9 billion.**
    + Annual CPI rent reviews, ensuring income growth.
    + Minimal management investment with head lease to Sonic Healthcare.
    + Multi-level purpose-built medical centre incorporating medical consulting rooms, pathology, and physiotherapy.
    + Triple fronted 627sqm* freehold site with huge 69.8m* frontage and access to 5 on-title car parking spaces.
    + Longstanding business on-site 50+ years commencing in 1973, boasting substantial patient base and being the local area's medical provider of choice.
    + Situated in dominant medical precinct opposite Lalor Community Pharmacy, Stella, Dental, Thomastown Dental Surgery, and within proximity to Northern Hospital Epping.
    + Conveniently located 180m* from both Coles and Woolworths.
    + Lalor: northern metropolitan location, home to 24,000+ residents and only 16 kilometres from the Melbourne CBD. ****
    + Net Income: $235,451 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEDT Wednesday 27 March 2024
    Crown Casino, Melbourne

    Bidder registration required, register here.

    Please contact the exclusively appointed sales team for more information.

    *Approx.
    ** Sonic Healthcare
    *** ASX
    **** Forecast.id

    AUCTION

    Auction date and time27/03/2024 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold27 Mar 2024
    Floor Area1 m²
    Land Area626 m²
    ParkingAsk Agent
    Property ID2019075522
    Category
    Last updated  28 Mar 2024
    Map for 1 Messmate Street Lalor VIC 3075
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold27 Mar 2024
    Floor Area1 m²
    Land Area626 m²
    ParkingAsk Agent
    Property ID2019075522
    Category
    Last updated  28 Mar 2024

    Co-Agents

    Sam Mercuri
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 709
    Matthew Wright
    Burgess Rawson VIC Pty Ltd
    Call
    0458 290 588

    More about 1 Messmate Street Lalor VIC 3075

    1 Messmate Street Lalor VIC 3075 is categorized as Medical & Consulting Property. It has a floor area of 1 m² and a land area of 626 m². The listing ID for this property is 2019075522.

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