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55-57 Albion Street
Brunswick VIC 3056
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55-57 Albion Street Brunswick VIC 3056

  • Medical / Consulting
  • 247 m²
  • For Sale, Price Range: $1,250,000 - $1,400,000 (under offer)

Durable Freehold Investment with Long Term Medical Tenant

    The Property
    * 247 sqm recently renovated Medical Centre
    * 40 year old Tenant in place: Brunswick Community Clinic
    * 277 sqm freehold corner lot
    * 6 Consulting rooms plus staff amenities
    * Large 30 metre frontage to Albion Street
    * 12.8 Metre frontage to Dunstan Avenue

    The Investment
    * Brand new 5 year lease with long options
    * Returning $70,000 per annum net
    * Tenant pays all statutory outgoings
    * Strong General Practice that has been operating for over 40 years
    * Tenant will be making significant fitout upgrades over coming months
    * 5% annual reviews with no market review

    The Location & Further Info
    * Located directly opposite Dan Murphy's
    * Next door to Brunswick Dental Clinic
    * Adjacent to McDonald's & the Lygon Street Retail precinct
    * Bus stop directly out the front and a Tram stop 3 mins walk away

    This property was listed with Modo's FREE Marketing Package featuring a virtual tour, photos, floor plan, online listings, and more.

    Property Highlights

    Floor Area247 m²
    Land Area277 m²
    Energy0-star NABERS Energy rating
    Parking2 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019437014
    Category
    Last updated  16 Sep 2024
    Map for 55-57 Albion Street Brunswick VIC 3056

    Property Highlights

    Floor Area247 m²
    Land Area277 m²
    Energy0-star NABERS Energy rating
    Parking2 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019437014
    Category
    Last updated  16 Sep 2024

    Co-Agents

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