1655 Sydney Rd, Campbellfield, VIC 3061

Corner Position

An exceptional high profile corner block, tenanted by an established medical professional makes this Sydney Road property a worthy investment.
The building consists of two consulting rooms, a staff room, kitchen and toilet upstairs and two consulting rooms, reception/waiting room, a pathology room and two separate toilets, one being setup to cater for patients with disabilities on the ground floor. The rear car park has a capacity for 10 cars.
A new 5-year lease was entered into on the 1st of April 2024 with a monthly return of $4,418.80 with a fixed rate increase annually on the anniversary date. The lease provides the option of two further 5-year terms should the current tenant wish to exercise their right to renew. Tenant is responsible for payment of outgoings including Landlord Insurance as noted in the lease.
With a land size of approximately 670m2 and currently zoned "General Residential 1" this corner lot on a primary road offer future potential. (STCA)

Map

Recent Sales in the Suburb of Campbellfield

Email This Agent

Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.