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124 Centre Street, Casino, NSW 2470

124 Centre Street, Casino, NSW 2470

Medical/Consulting Retail Offices

  • Sold Contact Agent
  • Thu 05-Nov-20

Purpose Built Medical Investment – 3% Fixed Increases

  • Purpose Built Medical/Dental Investment
  • New 10 year lease to 2030 + opts to 2040
  • Net Income $60,000 pa + GST

  • Land Area
  • 1146.00 m² (approx)
  • Floor Area
  • 205 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Dec 30, 2020
  • Car Spaces
  • 6
  • Parking Comments
  • Onsite carparks

Interested in this property? Contact an Agent today

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street

Sydney NSW 2000

Michael Collins, Cushman & Wakefield - Sydney
Michael Collins
Geoff Sinclair, Cushman & Wakefield - Sydney
Geoff Sinclair

Purpose Built Medical Investment – 3% Fixed Increases

Cushman & Wakefield is pleased to present to the market 124 Centre Street, Casino (Northern Rivers) for Sale via Auction.

The property has the following key characteristics:

- New 10 year lease to 2030 + options to 2040
- Centre Street Dental – Immaculately presented Dental practice operational for over 30 years. Specialised and general dental provider in the Northern Rivers
- Purpose built state of the art medical and dental facility equipped with 4 surgery rooms, x-ray room, sterilising room including modern offices and reception
- Medical & Dental facility providing depreciation benefits
- Landlord friendly net lease with the tenant paying all outgoings as per the lease
- Lease secured by Director’s G’Tee & Bank G’Tee equivalent to 3 months rent & outgoings
- Casino – Strong regional essential service town situated 26 km to Lismore Airport and 66 km to Ballina Byron Gateway Airport
- Northern Rivers – NSW fastest growing region
- Guaranteed rental growth with fixed 3% increases
- Net Income $60,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on

124 Centre Street, Casino, NSW 2470

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