39 Breed Street, Traralgon, Vic 3844

Burgess Rawson is pleased to offer to the market I-Med Radiology, Traralgon VIC for sale via Investment Portfolio Auction 177.

The property has the following key investment highlights:

+ Long Fifteen (15) year lease to Medical First Clinics to Feb 2037.
+ Five (5) further Five (5) year options to Feb 2062.
+ Medical First Group: national operator of integrated medical centres with 16 locations across VIC, NSW, QLD, and SA, supported by a team of over 90 GPs and 120 nurses/support staff. (1)
+ Trading as I-MED Radiology for 15+ years under a sub-lease agreement, Australia’s largest medical imaging provider with 250+ locations. (2)
+ Attractive annual increases - Greater of 2.5% and CPI.
+ Investor preferred net lease terms with the tenant responsible for usual outgoings including rates and insurance premiums. 
+ Modern and well-presented 291sqm* radiology clinic including CT, X-Ray, Ultrasound, and consulting rooms.
+ Strategic 729sqm* ACZ1 freehold landholding with valuable 20m* Breed Street frontage.
+ Situated in key medical precinct amongst GP, chiropractic, speech pathologist, dentist, orthodontist and more.
+ Absolute CBD location opposite Woolworths and metres from Gippsland Regional Aquatic Centre and the Coles/Kmart anchored Traralgon Centre Plaza.
+ Potential 50% stamp duty saving.
+ Traralgon: retail & commercial capital of the Latrobe Valley servicing a trade catchment of 126,800+ people. (3)
+ Net Income: $121,837 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 25 June 2025
River Room - Crown Casino, Melbourne

1 Medical First Group
2 I-MED Radiology
3 Latrobe City Council