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5/147 Centre Dandenong Road
Cheltenham VIC 3192
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Sold on 3 Oct 2024

5/147 Centre Dandenong Road Cheltenham VIC 3192

  • Medical / Consulting
  • 90 m²
  • Sold

High Yielding Medical Investment

    UNDER OFFER

    Nichols Crowder is proud to present 5/147 Centre Dandenong Road, Cheltenham, to the market for sale as a high-yielding medically tenanted investment.

    This versatile 90sqm* space is comprised of three (3) treatment rooms, convenient dual amenities, a staff room complete with a kitchen, and a welcoming reception area.

    Returning $35,000 per annum, plus outgoings on a newly signed 2 + 2 year lease, this property is considered a stable investment within a highly regarded medical precinct.

    Situated within a medical precinct along the busy Centre Dandenong Road in Cheltenham, this property enjoys the advantage of convenient accessibility. It can be easily reached via Centre Dandenong Road itself, Nepean Highway, and Warrigal Road. It is also just a stone's throw away from the Moorabbin DFO.

    * Total building area: 90sqm*
    * Current medical tenant
    * Returning $35,000 p.a. plus outgoings
    * Strong 6% yield
    * Newly signed 2 + 2 year lease
    * Three (3) treatment rooms
    * Dual amenities
    * Staff room with kitchen
    * Reception area
    * Split system in each treatment room
    * Carpet and floorboards throughout
    * One (1) car space on title
    * Visitor car parking on site

    For further details or to arrange an inspection please contact:

    Matthew Duncan 0400 427 427
    James Glen 0401 493 277

    DISCLAIMER:

    * All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

    * By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

    Nichols Crowder Property Moorabbin
    Nichols Crowder Property Moorabbin
    358 South Rd
    Moorabbin, VIC 3189

    Property Highlights

    Date Sold3 Oct 2024
    Floor Area90 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Property ID2019235392
    Category
    Last updated  3 Oct 2024
    Map for 5/147 Centre Dandenong Road Cheltenham VIC 3192
    Nichols Crowder Property Moorabbin
    Nichols Crowder Property Moorabbin
    358 South Rd
    Moorabbin, VIC 3189

    Property Highlights

    Date Sold3 Oct 2024
    Floor Area90 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Property ID2019235392
    Category
    Last updated  3 Oct 2024

    Co-Agents

    Matthew Duncan
    Nichols Crowder Property Moorabbin
    Call
    0400 427 427
    James Glen
    James Glen
    Nichols Crowder Property Moorabbin
    Call
    0401 493 277

    More about 5/147 Centre Dandenong Road Cheltenham VIC 3192

    5/147 Centre Dandenong Road Cheltenham VIC 3192 is categorized as Medical & Consulting Property. It has a floor area of 90 m². There are 1 x onsite parkings.The listing ID for this property is 2019235392.

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