Sonic Healthcare Anchored Investment – Circa 7.5% – 8% Yield Anticipated | Net Leases | 5% Increases

10 Hedditch , South Hedland WA

Property Highlights

Sonic Healthcare lease to 2024 + option
Commanding 3,572sqm* site
Net leases, tenants pay outgoings

Description

Burgess Rawson is pleased to offer to the market,10 Hedditch Street, South Hedland (Port Hedland) WA for sale via our Investment Portfolio 157.

The property has the following investment highlights:

+ Anchored by renewed 5 year lease to Sonic Healthcare to 2024 + option to 2029 and supported by longstanding community organisation Hedland Community Living Association (HCLA) lease to 2027 with options to 2037
+ Sonic Healthcare: Top 50 ASX giant tenant
+ Commanding 3,572sqm* site with 61 car parking spaces
+ Rare compounding 5% annual rental increases
+ Net leases, tenants pay outgoings as per leases
+ World’s largest bulk port located in Port Hedland
+ Net Income: $587,145 pa* + GST (from 17 January 2023)

To be Sold via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
3,572 SQM
Building Area
3,572 SQM

Price

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