Laser Clinics, 73 Lyons Road Drummoyne NSW 2047

Stonebridge is pleased to present 'Laser Clinics' Drummoyne (Sydney)' for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Longstanding tenant with renewed 5 year net lease to 2028 and attractive fixed 4% annual rent increase

- Flagship location, in occupation from 2008 and benefitting from significant tenant contribution with state-of-the-art medical fitout

- Laser Clinics' - Award winning cosmetic and beauty giant, with 200+ clinics globally, performing 4.2 million annual treatments

- Rare inner-Sydney medical freehold, set across 153 sqm* corner site with 32m dual street frontage to busy arterial, Lyons Road, and flexible E1 Local Centre zoning

- High profile position set off Victoria Road (82,327+ vehicles daily) and situated just 6km to CBD in tightly held retail strip

- Well-configured 156 sqm* of lettable area across multiple levels, providing wide variety of future uses including retail, commercial & residential

- Ideal retail location surrounded by spate of national tenants in 1km* radius including McDonald's, Coles, ALDI, IGA and BWS, plus Birkenhead Point shopping centre (160+ stores)

- High-growth location benefitting from proximity to multiple transformative projects including $14B Western Harbour Tunnel and $25B Sydney Metro rail, plus newly completed $3.9B WestConnex interchange in Rozelle

- Drummoyne (Sydney) Exclusive harbourside suburb boasting median house price of $2.5m and household income 46% above national average, with population set to boom 33% by 2041

- Net lease structure Tenant pays all usual outgoings including land tax, rates and general repairs & maintenance, plus 3 months' Bank and Bond Guarantee

- Net Income $94,533 pa* + GST

Stonebridge is pleased to present 'Laser Clinics' Drummoyne (Sydney)' for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 977