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Level 1/9 Adakite Drive
Berwick VIC 3806
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Sold on 25 Jul 2024

Level 1/9 Adakite Drive Berwick VIC 3806

  • Medical / Consulting
  • 184 m²
  • Sold

Brand New 10 Year Lease to 2033 | Modern Medical Centre with Pathology

    Burgess Rawson is delighted to offer to the market Berwick Village Medical Clinic at Level 1, 9 Adakite Drive, Berwick VIC for sale via Investment Portfolio Auction 170.

    The property has the following investment highlights:

    + Long 10 year net lease to December 2033 plus two further 5 year options to 2043.
    + Berwick Village Medical Clinic: Modern medical clinic with high quality fit out including pathology.
    + Brand new 184sqm* including waiting room, reception, four consulting rooms, staff room, storage and amenities.
    + High-profile location neighbouring IGA Supermarket and supported by Direct Chemist Outlet, Dental clinic, Childcare centre and more.
    + Landlord preferred, net lease terms with tenants paying usual outgoings.
    + Fixed compounding 3.5% annual rent increases.
    + Lease secured by 6 month Bank Guarantee plus personal guarantees to the performance of the lease.
    + Single tenant, minimum management investment.
    + Strategically positioned within the Alira Village Town Centre, neighbouring the rapidly growing Alira Berwick and Northern Wetlands residential estates.
    + New construction providing maximum tax saving depreciation benefits.
    + Position perfect: central to Berwick Station and Heritage College.
    + City of Casey, Melbourne's major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.**
    + Net Income: $82,300 pa* + GST

    To be sold by Investment Portfolio Auction 170
    10:30am AEST Wednesday 7 August 2024
    Crown Casino, Melbourne

    SHAUN VENABLES
    0411 860 865
    svenables@burgessrawson.com.au

    DAVID NAPOLEONE
    0417 308 067
    dnapoleone@burgessrawson.com.au

    ROMANOR FALCONER
    0413 830 808
    rfalconer@burgessrawson.com.au

    Please contact the exclusively appointed sales team for more information.

    *approx
    **forecast.id

    AUCTION

    Auction date and time07/08/2024 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold25 Jul 2024
    Floor Area184 m²
    Land Area184 m²
    ParkingAsk Agent
    Property ID2019358297
    Category
    Last updated  29 Jul 2024
    Map for Level 1/9 Adakite Drive Berwick VIC 3806

    Property Highlights

    Date Sold25 Jul 2024
    Floor Area184 m²
    Land Area184 m²
    ParkingAsk Agent
    Property ID2019358297
    Category
    Last updated  29 Jul 2024

    Co-Agents

    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Burgess Rawson VIC Pty Ltd
    Call
    0417 308 067
    Romanor Falconer
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 808

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