Gorman Commercial FOR SALE

65 Wattletree Road, Armadale

expression of interest

BLUE CHIP MEDICAL INVESTMENT WITH 15+ YEAR TRADING HISTORY

Extremely rare opportunity to acquire this high-quality medical facility leased to Malvern Endodontics.

Expressions of Interest close Thursday 19th May 2022 at 3pm

Key property features comprise:

* Outstanding medical facility currently utilised for dentistry and located within a proven medical location, nearby likeminded medical businesses such as Cabrini Hospital and other medical institutions
* Longstanding tenant and leased to Malvern Endodontics - a specialist dental surgery
* Passing income: $114,167 pa + GST + outgoings
* Substantial land component of 755 sqm approx. underpinning the property
* Excellent on-site parking and prominent frontage of 17+ metres
* Rear R.O.W accessible via Inverness Avenue and The Terrace

Blue chip “Armadale” location surrounded by unrivalled lifestyle and public transport amenity, major arterial routes, as well as major retail destinations such as Malvern Central Shopping Centre and Glenferrie Road retail shopping strip.

Listing Highlights

  • Medical Facility in Proven Location
  • Longstanding Tenant
  • Substantial Land Component

Property Details

Asset Type
Medical Consulting
Building Area
238 m2*
Car Parking
8 spaces
Price
Contact Agent

Tom Maule

0401 636 049

tmaule@gormancommercial.com.au