Stonebridge is pleased to present ‘Laser Clinics’ Drummoyne (Sydney)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Longstanding tenant with renewed 5 year net lease to 2028 and attractive fixed 4% annual rent increase

– Flagship location, in occupation from 2008 and benefitting from significant tenant contribution with state-of-the-art medical fitout

– Laser Clinics’ – Award winning cosmetic and beauty giant, with 200+ clinics globally, performing 4.2 million annual treatments

– Rare inner-Sydney medical freehold, set across 153 sqm* corner site with 32m dual street frontage to busy arterial, Lyons Road, and flexible E1 Local Centre zoning

– High profile position set off Victoria Road (82,327+ vehicles daily) and situated just 6km to CBD in tightly held retail strip

– Well-configured 156 sqm* of lettable area across multiple levels, providing wide variety of future uses including retail, commercial & residential

– Ideal retail location surrounded by spate of national tenants in 1km* radius including McDonald’s, Coles, ALDI, IGA and BWS, plus Birkenhead Point shopping centre (160+ stores)

– High-growth location benefitting from proximity to multiple transformative projects including $14B Western Harbour Tunnel and $25B Sydney Metro rail, plus newly completed $3.9B WestConnex interchange in Rozelle

– Drummoyne (Sydney) – Exclusive harbourside suburb boasting median house price of $2.5m and household income 46% above national average, with population set to boom 33% by 2041

– Net lease structure – Tenant pays all usual outgoings including land tax, rates and general repairs & maintenance, plus 3 months’ Bank and Bond Guarantee

– Net Income $94,533 pa* + GST

Stonebridge is pleased to present ‘Laser Clinics’ Drummoyne (Sydney)’ for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 977