Burgess Rawson in conjunction with Dixon Commercial Real Estate are pleased to offer to the market, 9 Stanley Street, Wodonga VIC for sale via our Investment Portfolio Auction 161.
This opportunity has the following key investment highlights:
+Secure 5-year WALE plus options.
+Wodonga X-ray: wholly owned subsidiary of Integral Diagnostics, a blue-chip, ASX-listed (ASX: IDX) healthcare provider with a market cap of $801 million and a network of 89 radiology clinics across Australia and New Zealand**.
+Upper Murray Family Care: 97% Government-funded child, family, aged care and community legal support organisation with net assets exceeding $18.5 million***.
+Secure, set-and-forget net lease structures with tenants responsible for all outgoings excluding Land Tax.
+Favourable annual rent reviews across both tenancies.
+600 sqm* freehold site with dual entry and direct access to 82 shared car spaces in addition to 5 on title car spaces.
+Immaculate 734 sqm* recently renovated facility, with brand new upstairs fit-out and upgraded elevator equipment totalling $700,000* offering major tax depreciation benefits.
+Capital-intensive fit-out including MRI, CT scanner and X-Ray.
+High-profile CBD location with Woolworths, Coles, Kmart, KFC and Chemist Warehouse all within 250 metres*.
+Surrounded by important social infrastructure including Junction Place and 11 schools within 3km* servicing over 7,000 full time students****.
+Wodonga: robust economy with low vacancy rate and 18% house price growth since 2022*****.
+Potential 50% stamp duty savings.
+Net Income: $189,985 pa* + GST (as at 1 July 2023)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 21 June 2023
Crown Casino, Melbourne
Please contact the exclusively appointed team for more information:
*Approx
**Integral Diagnostics
***ACNC
****Gapmaps
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