Exceptional CBD medical centre investment


73 Duke Street, Cambridge

By Negotiation

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Exceptional CBD medical centre investment | 73 Duke Street, Cambridge | 2311131 |      X Close
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Description

Exceptional CBD medical centre investment


•Impressive medical/retail complex

•Multi tenanted / split risk asset

•B Grade / 74% NBS Seismic Rating

•High profile CBD corner site

•Long established medical tenancies

•Ten onsite car client car parks

Location is the key to this strategic commercial site which occupies a premium position on the corner of Duke and Commerce Streets in the heart of the Cambridge CBD.

The building provides a solid split risk of nine medical and retail tenants with three new leases having commenced to long established anchor tenants in December 2019.

This commercial building has a B Grade Seismic Rating and is extremely well-presented. The premises provide retail frontage to Duke Street and office frontage to Commerce Street plus onsite client parking facilities at the rear.

Commercial opportunities of this calibre are sought after in the Cambridge market and this multi tenanted investment must command serious attention from prudent investors looking to add a prime property to a new or existing portfolio!

Property Details

Land Area: 979sqm (more or less)

Floor Area: 681sqm (Approximately)

Zoning: Commercial (8A)

Tenancy details: Current annual net rental $143,823 + GST. Full tenancy details are available on request.

73 Duke Street, Cambridge

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