FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 20TH OCTOBER AT 3PM. ONE messmate STREET LALOR
CONTENTS 4. Introduction 6. Executive Summary 8. Tenancy Details 18. Property Particulars 20. Building Particulars 24. Location 30. Sale Method 3 ONE messmate STREET LALOR
Aston Commercial are pleased to offer
1 Messmate Street, Lalor for sale by Expressions of Interest closing on Thursday 20th October 2022 at 3pm.
This secure investment comprises a premium multi-purpose Medical Centre designed to meet the exacting standards of the local community and growing location. This is clearly endorsed by the current tenant recently renewing their option and committing to a future term.
4 INTRODUCTION
Securely Leased Medical Centre Investment.
Medical assets have proven themselves to be secure and long-term investment plays. Recent events have only reinforced this view. Healthcare provides secure yields, driving long term growth even during times of economic downturn.
1 Messmate Street is superbly positioned on a triple frontage block only 17km’s from the CBD within the fast growing region of Melbourne’s North.
Aston Commercial strongly recommend this quality long term investment for your serious consideration.
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Positioned on the corner of Messmate and Station Streets, 17 kms north of Melbourne’s CBD. Securely leased Medical Centre Investment.
income of
ZONING
sqm*
METHOD OF
Sale by Expressions of Interest closing on Thursday 20th October 2022 at 3pm
EXCLUSIVE SELLING AGENTS
RGZ1 - Residential Growth Zone Schedule 1 TERMS OF SALE 10% deposit with the balance payable in 60 days
SALE For
LAND AREA 627 sqm* EXECUTIVE SUMMARY Liam Rafferty Associate Director 0421 886 655 liam@astoncommercial.com.au Fred Nucara Managing Director 0418 567 560 fred@astoncommercial.com.au LEASE Current
$226,242 pa* + GST on a new Four (4) Year Lease BUILDING AREA 425
*approx. 6 ONE messmate STREET LALOR
TENANCY DETAILS
TENANCY PARTICULARS
The property is being sold subject to a lease summarised as follows:
Tenant
Trading Name
Sonic Clinical Services Pty Ltd
L alor Clinic
Current Rent $226,242 net pa*
Lease Term Four (4) Years
Commencement Date 29th January 2022
Options
Rent Reviews
One (1) further Four (4) year option
CPI annual increases
Outgoings Paid by Tenant
OVERVIEW OF TENANT
Our medical centre has been proudly serving the Lalor community since 1973. Our GPs offer a range of healthcare services including antenatal care, immunisations and aged care.
Our practice is pleased to offer a range of GP Services, including, but not limited to:
• Aged Care and Senior’s Health
• Antenatal Care
• Child Immunisations
• Chronic Disease Management and GP Management Plans
• Immunisations
• Mental Health
• Occupational Health
• Women’s Health www.ipn.com.au/gp/vic-lalor-lalor-medical-centre
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TENANCY DETAILS
T he Lalor clinic forms part of the IPN Medical Centres national network which is Australia’s largest operator of Medical Centres and provider of quality management services and facilities for Doctors.
GP
MEDICAL CENTRES IN THE IPN NETWORK
GP REGISTRARS CURRENTLY PRACTISING WITH IPN
PATIENT CONSULTATIONS A YEAR
IPN Medical Centres is a premium operator of medical centres across Australia.
At Independent Practitioner Network (IPN) Medical Centres, we work with Doctors, nurses and practice staff at over 160 medical centres to provide patients with the Best of Health.
IPN provides over 10 million patient consultations a year, supported by a network of over 1,900 Doctors.
IPN Doctors work with, not for IPN, running their own practices from the comfort of one or more modern, well established, supportive group practices while they practice medicine with complete clinical sovereignty.
IPN Medical Centres is part of Sonic Clinical Services which is the primary care division of Sonic Healthcare, bringing together a range of businesses that provide national healthcare services and solutions.
160+ 90+ 10MIL+ 1,800+ GPS CURRENTLY WORKING WITH IPN
REGISTRARS SUCCESSFULLY TRAINED WITH IPN OF OUR PRACTICES ARE ACCREDITED TRAINING PROVIDERS 400+ 40%+ 10
Leased to Sonic Clinical Services, a primary care division of Sonic Healthcare.
WHY BUY?
LONG STANDING BUSINESS IN OPERATION AND TRADING SINCE 1973 PRIME CORNER WITH TRIPLE LEASED TO AUSTRALIA’S LARGEST MEDICAL CENTRE OPERATOR AND OCCUPATIONAL HEALTH PROVIDER
CORNER FREEHOLD TRIPLE FRONTAGE ADJOINING LALOR’S COMMERCIAL AND SHOPPING PRECINCT ESSENTIAL SERVICE INDUSTRY IN GROWING LOCATION
Annual income of $226,242 pa + GST
PROPERTY
PARTICULARS
TITLE PARTICULARS
The property is outlined on the Certificate of Title as follows
Volume: 10534 Folio: 967 Lot 1 on Title Plan 637008T
LAND DIMENSIONS AND AREA
Messmate Street Frontage 12.99 metres*
Station Street Frontage 36.77 metres*
Scott Street Frontage 15.70 metres*
Eastern Boundary 39.83 metres*
Total Land Area 627 square metres*
ZONING
Under the Hume City Council Planning Scheme the land is zoned Commercial 2 – CZ2.
The land is also subject to the following overlay: DDO - Design And Development OverlaySchedule 2 *approx.
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ONE messmate STREET
LALOR
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BUILDING PARTICULARS
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Known as the Lalor Clinic, the subject property comprises dual purpose-built buildings forming a multifaceted medical centre. The structure incorporates a reception/waiting rooms, fourteen consulting rooms, procedure room, pathology collection room, administration area, staff tearoom, staff toilets and cleaners closet
along with patient toilets. Other features include air conditioning, basins and multiple pedestrian entrance doors.
Externally, the property also benefits from landscaped gardens and 5 off-street car spaces.
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LALOR 3075
Lalor is a lively melting pot of cultures located thirty minutes from the inner city. Serviced by Lalor Station on the Epping line, the area also has an extensive bus network. Services travel regularly to both Thomastown and Epping.
The Lalor Shopping Centre between Station Street and May Road consists of over 100 specialty stores and community centres including Coles, Australia Post and the Lalor Library. Its diverse food stalls provide a unique and busy market atmosphere merging European, Mediterranean and Asian cultures.
The Craigieburn Bypass Trail following the Hume Freeway provides facilities for recreational and commuting cyclists. Eight schools including Lalor East Primary School and Lalor Secondary College service the area.
LOCATION
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LOCATION
Some nearby businesses and infrastructure include:
SHOPPING
Coles
Liqourland Woolworths
Epping Plaza
EDUCATION
St Luke’s Primary School
Lalor Primary School
Lalor Secondary College
Thomastown Secondary College
TRANSPORT
Lalor Railway Station
Thomastown Railway Station
Bus (Route 554, 555 & 559)
LIFESTYLE
Lalor Library
Thomastown Aquatic Centre
Lalor Reserve
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METHOD OF SALE
TERMS OF SALE
OF
EXCLUSIVE SELLING AGENTS Liam Rafferty Associate Director 0421 886 655 liam@astoncommercial.com.au Fred Nucara Managing Director 0418 567 560 fred@astoncommercial.com.au ONE messmate STREET LALOR SALE METHOD CONTRACT
SALE & VENDORS STATEMENT Available upon request
10% deposit with the balance payable in 60 days INSPECTIONS Strictly by appointment with the exclusive selling agents
For Sale by Expressions of Interest closing on Thursday 20th October 2022 at 3pm 30
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate
