Long standing tenancy makes this investment opportunity a preposition you will find hard to go past.
Leased to Central Coast Ophthalmic Surgeons Pty Ltd for many years, the tenant secured a 3+3+3 year lease that commenced 1st June 2013.

This is an ideal location for this tenant, as this eye surgery is also surrounded by Medical specialists and as such the Professional Centre has become a hub for Specialist Medical Practices.

Foresight from the Strata Corporation has seen the purchase of additional land at 11 Hills Street (across road) which caters for additional parking and insures that visitors/patients have easy access to the property and are almost guaranteed parking -as opposed to most medical & professional centres where parking is always in short supply.

By utilizing 3 suites, basement storage & on site parking, the existing tenant has a very busy practice and with the population continuing to age, their client base does not look like it will be diminishing anytime soon.

With a very competitive rental for a medical practice, the current rental is $48,654 per annum + outgoings + GST. This well established tenant has a long trading history within this premises and there is a reason to believe that this wouldn’t change in the foreseeable future.

Offering an excellent 8.35% net return from day 1, this is an excellent secure investment opportunity!!!