FREEHOLD INVESTMENT, ORANGE - NSW

Investment Opportunity

  • Current rental per week $700 + GST (Annual rent review CPI in Nov)
  • Land size is 614.6m2
  • Built in January 2001 and practice has been operating since May 2001
  • A purpose built building, a medical practice, is cleverly designed i.e. all external walls are load bearing which allows for modular design of internal walls to accommodate for future professional design requirements.
  • 8 Off-street parking spaces plus 3 parking spaces for staff
  • Equipped with reverse cycle air conditioning system and ducted vacuum system
  • Potential for dual occupancy on land subject to council DA
This well established medical practice is located on a major north-south thoroughfare through Orange and as such enjoys a position of high visibility. Currently, it is under a three year lease (expiring on 26 November 2009) with an option to extend for three more years.
$480,000
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