MEDICAL CLINIC SMACK BANG IN THE MIDDLE OF MONTVILLE
Here's an opportunity for investors looking for somewhere to put their money that will generate a secure 7% NET return from the get-go.
Two lots presented as a single property currently leased to a National Tenant on a 10* + 10 year lease - this has got to be worth your attention.
Well presented and maintained the Montville Village Square is a landmark in central Montville, a complex that accommodates the local Post Office, IGA, Pharmacy, Newsagency, two Cafes, three Retail Shops alongside of this GP Clinic.
The property is well serviced with off-street parking, with two undercover spaces and three open spaces exclusively allocated to this tenancy.
The subject property presents well with new flooring throughout combining with a neutral colour pallet across the well utilised 96sqm which includes :
* 3 Consulting Suites
* Large Treatment Room
* Reception and Waiting Room
* Pathology and Storage room
* Kitchenette and WC
This is a well presented property in a great location with long-term stable tenants in place.
Available for sale at $725,000 (plus GST if any) and offering a NET 7% return.
Please give me a call to arrange an inspection.
Blair Burr
0447 196 598
*first term expires August 2022
The size of Montville is approximately 17.7 square kilometres. There are 10 parks, covering nearly 15.7% of the total area. The population of Montville in 2016 was 970 people. By 2021 the population was 1092 showing a population growth of 12.6% in the area during that time. The predominant age group in Montville is 60-69 years. Households in Montville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montville work in a professional occupation.In 2021, 78.10% of the homes in Montville were owner-occupied compared with 80.00% in 2016.
Montville has 705 properties. Over the last 5 years, Houses in Montville have seen a 61.58% increase in median value, while Units have seen a 0.02% increase. As at 31 August 2026:
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