Property Description

A Very Healthy Investment

• 6 Year Lease to Goodlife + Medical Centre
• Income – $596,673 pa
• Land – 9,345

Sutherland Farrelly is proud to offer for sale this well located long term investment opportunity in the heart of Dingley Village.

269-275 Centre Dandenong Road, Dingley Village offers the astute investor secure income to two well established tenants.

The main fitness centre lease (Goodlife Health Club) has a number of aspects that would be considered highly attractive in today’s market, namely:

• Six year lease remaining with one further term of five years

• Fixed rental increases

• Land tax paid by Tenant (Fitness Centre)

Kingston Spinal Clinic

• Lease expiry March 2025

• Fixed rental increases

The subject property offers a number of key investment criteria, namely:

• Long established tenants

• High underlying land value

• Tenant has recently undertaken substantial upgrade of facilities

• Substantial car parking

We welcome your enquiry and we look forward to discussing this opportunity further.

SOLD

Land Area

9,345 sqm

Building Area

2,869 sqm