20 Underwood Street, Corrimal, NSW 2518

High Profile Medical Building - Approx 9% Return!

A rare opportunity to secure a high profile commercial building in Corrimal has presented itself to the market. Ultra-modern in design, the premises are currently utilised as a medical facility with multiple tenancies in place.

Occupying a prime corner position, the facility offers outstanding exposure and accessibility. This is a lucrative opportunity not to be missed!


INVESTMENT HIGHLIGHTS INCLUDE:

• Occupies a large 1,821m2 (approx.) corner block offering fantastic exposure.

• 1,093m2 (approx.) of floor space spread across 2 levels, serviced by lifts, ramps and stairs.

• Currently utilised as a state-of-the-art medical facility.

• Contemporary interiors with updated fixtures and fittings.

• 4 x long term tenancies with prominent medical businesses.

• Annual rental income of $518,981 (approx). HUGE investment return (approx) 9%

• Profitable commercial building in a high growth area with huge potential.

• Aesthetically pleasing complex with resort-style entryway, spacious sunlit foyers, and landscaped gardens.

• 26 (approx.) designated onsite parking spaces, plus ample on-street parking available.

• Equipped with ducted heating/cooling and solar panels.

• Prime location walking distance from the main township of Corrimal, anchored by cafes, restaurants, shops and other local businesses. The property is easily accessible from the main highway.

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