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8/419-421 Victoria Street
Abbotsford VIC 3067
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Sold on 2 Oct 2023

8/419-421 Victoria Street Abbotsford VIC 3067

  • Medical / Consulting
  • 115 m²
  • Sold

Entry Level Medical Investment | Tenant On-Site 15+ Years

    Burgess Rawson are pleased to offer to the market the Chinese Medicine Clinic in Abbotsford VIC for sale private sale.

    The property has the following investment highlights:
    + Renewed Two (2) year lease to January 2025 to longstanding tenant of 15+ years.
    + David ACM: proven Chinese medicine clinic, specialising in acupuncture, herbal medicine and remedial therapy.
    + Desirable annual CPI rent reviews.
    + Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
    + Busy clinic trading 7 days a week with strong reputation in the Chinese community.
    + Well-presented 115sqm* clinic with rear roller door access and 3 allocated car spaces at the rear.
    + Situated in key medical precinct, opposite medical centre, dentist, pharmacist and skin clinic.
    + High profile position, only 30 metres* from tram stop and direct exposure to 18,200 vehicles passing daily.**
    + Abbotsford: booming city fringe suburb, with population forecast to grow 53.97% by 2041.***
    + Net Income: $39,995pa* + GST

    + 2 2025 1 15 + (CPI)
    + + $39,995 * +
    + David ACM
    + 7
    + 115* 3
    + 30 18,200 + Abbotsford 2041 53.97%

    *Approx
    **GapMaps
    ***Profile.id

    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold2 Oct 2023
    Floor Area115 m²
    Land Area115 m²
    ParkingAsk Agent
    Property ID2018624321
    Category
    Last updated  2 Oct 2023
    Map for 8/419-421 Victoria Street Abbotsford VIC 3067
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold2 Oct 2023
    Floor Area115 m²
    Land Area115 m²
    ParkingAsk Agent
    Property ID2018624321
    Category
    Last updated  2 Oct 2023

    Co-Agents

    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Rick Jacobson
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 083

    More about 8/419-421 Victoria Street Abbotsford VIC 3067

    8/419-421 Victoria Street Abbotsford VIC 3067 is categorized as Medical & Consulting Property. It has a floor area of 115 m² and a land area of 115 m². The listing ID for this property is 2018624321.

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