Colliers is pleased to present the Experteeth Dental Group Portfolio, a superior medical investment opportunity with 10 fully leased dental practices across Metro Sydney, Regional NSW and Tasmania to be offered in one line.
Key Property Highlights:
• Experteeth Dental Group: founded in 2016, established national boutique dentist-owned company across Metro & Regional locations in Australia
• Very own laboratory and dental supply company
• Ten (10) dental clinics to be offered in one line
• Attractive 10-year WALE with 5 + 5 year options until 2042 to essential service covenant
• Strong 3.5% annual rent increases, market review at options
• Exceptional medical fit-out representing strong tenant commitment and depreciation benefits
• Mix of office, retail and warehouse offering a diversified income stream
• Total Net Income: $722,000 per annum + GST (as at 1st September 2022)
Properties being offered as part of the portfolio are:
• Metro Sydney: Eastwood, Chatswood and Roseville (Origin Warehouse)
• Regional NSW: Coonabarabran, Narrabri, Dubbo and Young x 2
• Tasmania: Burnie and Deloraine
Property is for sale only, business trading as usual.
For additional information, please contact the exclusive agents today.