50 to 100% of freehold for sale. No current tenant

DPA and MMM3 NSW regional freehold opportunity 

The vendor has a 50% ownership in the freehold of a very large commercial space; which housed a corporate medical business. There are 13 consulting rooms, a pathology room, and 2x large treatment rooms. The income from the freehold yielded about 7.5% to 8% in return. A chemist is the tenant in common for this space as both parties have a vested interest. The rent paid was about $190K pa + GST + on-costs + annual increases at CPI.

The pharmacist would buy the vendor out if they could get a long term tenant OR the vendors will sell 100% of the building and adjacent large car park! 

Why buy this building? 

• 598m2 inside the building across 2x blocks of land
• 13 CR's + 2x rm path centre, an office, lge tx rm (3x bed) and an excision room
• 36 car parks on the 3rd block of land
• May be of interest to a large allied health group, or GPs, specialists… a great opportunity for a multi-disciplinary health hub
• Zoning is general residential  – 1,670m² block size
• RPD: LOT 1 DP1102765
• Title Ref: 1/1102765
• Title Indicator: No More Titles
• LA: Mid-Coast
   

Please could you let me know if you want to chat online with the vendor or to schedule a site visit at a mutually convenient time?

Broker: Sally Stuart
E: sally.stuart@linkbusiness.com.au

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker. Stock photo images may be used to represent the business on an unidentified basis.

Purchasers are required to make their own inquiries in order to verify the information provided.

Ref: NSW00628