Established Medical Investment in Sydney’s Lower North Shore

Burgess Rawson is pleased to present 102/156 Military Road, Neutral Bay NSW to the market for sale via our Investment Portfolio Auction 161.

The investment has the following key investment highlights:

+ 5 year lease to 2026 plus options to 2032 (operating since 2003)
+ Attractive Annual CPI reviews, ensuring income growth
+ Well established medical practice in Sydney’s Lower North Shore
+ Qualtas Health: Leading Australian healthcare group with over 39 locations across the eastern seaboard.
+ Ideal medical position directly on Military Road and above popular Chemist Warehouse retail store.
+ High exposure site with over 50,000^ passing vehicles daily
+ Easily managed medical tenant investment
+ Prime position in Neutral Bay’s cosmopolitan retail precinct close to Coles, Woolworths & Oaks Hotel
+ Net Income: $121,234 pa* + GST (as of 18 August 2023)

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 20 June 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*approx
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The last reported quarterly CPI figure of 7.3% (March 2023) has been used to arrive at the estimated 18 August 2023 rental