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Montmorency 111 Sherbourne Road

  • 1980 m2
Sold

Page URL:
/commercial/111-sherbourne-road-montmorency-vic-3094-161780

A Magnificent Investment Opportunity with Excellent Long Term Prognosis

Hockingstuart commercial are excited to offer to the market 111 Sherbourne Road, Montmorency, for sale via expressions of interest closing Friday 5th October at 4pm.

We highlight some key attributes below:

Prominent standalone medical investment

Secure lease: 7 + 7 years

Returning $94,411.61pa + GST + outgoings

Fixed annual 3% increases, market review at year 1 of option

Convenient on site car parking for 25 cars

Prime land holding of 1980sqm*

Charming medical practice of 228sqm* in building area

7 consulting rooms plus additional rooms for other related uses.

Established medical business since 1980

Long standing continuous medical use

Strategically located in Melbourne’s fast growing North-East corridor

Future development potential (stca)

Only 22km* from Melbourne’s CBD

*approx

Open for inspection Thursday's 2.30 - 3pm

Contact Agents:

Kenny Oliver 0409 144 188

Charles Carty 0438 277 050

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hockingstuart Commercial

187 Moray Street, South Melbourne
Tel: 03 9690 6000 Fax: 03 9690 4399
commercial@hockingstuart.com.au