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• Four established medical tenants
• 100% NBS, A+grade seismic rating
• Returning $326,753pa + GST and outgoings
Central location and exceptional tenancies on favourable leases make Cambridge Medical Centre a smart, strategic investment. The architect-designed 849sqm (approx.) building is modern and immaculate, inside and out, has a seismic rating grade of 100% NBS, and a central business hub location.
As a split-risk investment, it derives income from four established tenants, including Cambridge Medical Centre, Pacific Radiology, Cambridge Pharmacies and Pathlab. All are well-known health providers delivering essential medical services for a growing community. The property is on two titles and nets an annual income of $326,753pa + GST and outgoings. It is very user-friendly, with provision for wheelchairs, disability parks, emergency services entrances and nine off-street parking. Surrounding streets provide additional free parking.
Residential areas, retirements villages and rest homes in the area ensure constant demand for the centre's medical services. Other health providers, financial and legal professionals, and numerous amenities give the neighbourhood vibrancy. Its outstanding set of commercial dynamics provide good peace of mind to investors.