Darcy Jarman, in conjunction with Fitzroys, under instructions from Advise Transact, are delighted to offer for sale via public auction on Friday 12th September at 11am, an exceptionally well presented freehold medical investment leased to Australia’s leading integrated dental services tenant, BUPA Dental, at 118-120 Ryrie Street, Geelong.

Key attributes include:
• Brand new 6-year lease, with options until 2041 to global medical provider, Bupa Dental
• Founded in 1947, Bupa is a world leader in healthcare services with 38 million customers across 15 countries*
• Returning $175,000 per annum net plus GST
• Fixed 4% annual rental increases providing excellent built in rental growth
• Tenant pays all usual outgoings
• Commanding, fully refurbished dental facility of 289sqm*
• Well-proportioned site of 257sqm* with street frontage of 10.38 metres*
• Prominent location opposite a pedestrian crossing, guaranteeing consistent foot traffic
• 50% regional stamp duty concession

Positioned in the heart of the CBD, perfectly situated between Geelong’s medical precinct (200m* to St John of God Hospital and 800m* to Barwon Health Hospital) and Little Malop Street’s thriving hospitality precinct. Surrounded by a number of reputable medical consulting/health service businesses including the Ryrie Street Medical Hub, Berth, Barwon Health, Park Street GP, Geelong Paediatric Group, Spec Savers and Blooms Chemist

Greater Geelong is one of Australia’s fastest growing regions with the population forecast to increase by 28.7%* between 2024-2034.

To request information, please contact the below agents:
Darcy Jarman
Andrew Prowse + 61 418 534 076
Tim Darcy + 61 418 522 523

Fitzroys
Chris Kombi +61 438 156 236
Lewis Waddell +61 431 107 275

*approx