For Sale - Office, Medical/Consulting, Development Land
FULLY LEASED INVESTMENT
39 Epsom Avenue, Ascot presents an outstanding investment opportunity fully leased to one of Australia’s leading private medical laboratory and pathology services, Specialist Diagnostic Services, trading as Vetpath Laboratory Services.
Situated on a significant land parcel of 2,003sqm, the spacious 561sqm improvements are currently utilised as a veterinary pathology laboratory and associated offices, allowing for approximately 23 unmarked car parking bays on site at the rear of the property.
Currently leased on a 15 year term expiring March 2022 plus a 4 year option, 39 Epsom Avenue generates a net annual income of $173,349, providing investors with a secure income stream.
Key Investment Highlights below;
- $173,349 net annual income
- Fixed 3% annual increases
- March 2022 Expiry with a 4-year option
- Lessee is subsidiary of ASX listed Healius Ltd
- Well maintained 561sqm* buildings
- Significant 2,003sqm* land parcel
- Zoned ‘Stables and Residential’
- 23* unmarked car bays at rear (1 secure)
- Nearby Great Eastern Highway undergoing extensive redevelopment
- Close proximity to swan river, Perth CBD and Perth Airport
- Connectivity to Leach highway, Kewdale Road and Tonkin Highway
- Easily accessible via Great Eastern Highway and Perth Airport
The property is for sale via offers to purchase invited closing Thursday 13th June 2019 at 2pm.