114-116 Glebe Point Road GLEBE NSW 2037
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DESCRIPTION

Situated over 2 levels with 2 front entrances this prime investment opportunity currently operates as the 'Glebe Family Medical Practice'. The premises are well placed in a prominent location with high visible exposure in the heart of thriving Glebe.

- Currently leased 5x5x5 -commenced 1st November 2012
- Newly built in 2003 - Fitout of the building is owned by the tenant.
- Rental of $240,000.00 P.A., (incl. GST)
- Net income of $218,181.84 P.A (approx.)
- Outgoings (Council,Water & land tax are paid by the tenant)>
- Car parking at rear for 8-10 cars (8 undercover)
- Possible further re-development at rear S.T.C.A.
- Just minutes to RPA, Broadway, Newtown and the CBD

Features:

-Large Reception Area, 2 nurse's stations, 8 Consultation rooms
-Isolation room, Pathology room, medical equipment room
-Staff room, 3 x W/C, ducted air con
-2 conference/board rooms that can be combined as one
-Dual entry, security alarm, Manager's room & Doctor's work area.

Outgoings -

Council: $2323.10 p/q (approx.)
Water: $330.00 p/q (approx.)