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Tenancy Details

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Location

TENANCY PARTICULARS

The property is being sold subject to a lease summarised as follows:

Tenant

Trading Name

Current Rent

Lease Term

Sonic Clinical Services Pty Ltd

Lalor Clinic

$226,242 net pa*

Four (4) Years

Commencement Date 29th January 2022

Options

One (1) further Four (4) year option

Rent Reviews

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

TENANCY DETAILS

The 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.

1,800+

GPS CURRENTLY WORKING WITH IPN

GP REGISTRARS SUCCESSFULLY TRAINED WITH IPN

OF OUR PRACTICES ARE ACCREDITED TRAINING PROVIDERS

160+

MEDICAL CENTRES IN THE IPN NETWORK

400+ 90+

GP REGISTRARS CURRENTLY PRACTISING WITH IPN

40%+

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.

10MIL+

PATIENT CONSULTATIONS A YEAR

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.

Leased to Sonic Clinical Services, a primary care division of Sonic Healthcare.

WHY BUY?

LONG STANDING BUSINESS IN OPERATION AND TRADING SINCE 1973 LEASED TO AUSTRALIA’S LARGEST MEDICAL CENTRE OPERATOR AND OCCUPATIONAL HEALTH PROVIDER PRIME CORNER FREEHOLD WITH TRIPLE FRONTAGE

PRIME CORNER FREEHOLD WITH TRIPLE FRONTAGE ESSENTIAL SERVICE INDUSTRY IN GROWING LOCATION ADJOINING LALOR’S COMMERCIAL AND SHOPPING PRECINCT

Annual income of $226,242 pa + GST

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