Sonic Healthcare Anchored Investment – Circa 7.5% – 8% Yield Anticipated | Net Leases | 5% Increases
10 Hedditch , South Hedland WA
Property Highlights
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.
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