Ultimate Long WALE Medical Investment to ASX Listed Tenant

Burgess Rawson is pleased to offer to the market 14 Highfields Circuit, Port Macquarie NSW for sale via our Investment Portfolio Auction 166.

The property has the following investment highlights:

+ 15 year lease to 2034 plus options to 2059
+ Lumus Imaging: subsidiary of ASX listed Healius Ltd with a market cap of $974 million, employing 10,500+ people with 2,250 locations nationally
+ Guaranteed compounding rental growth with fixed 3% annual rent increases
+ Net lease structure with the tenant paying all outgoings including land tax (as per the lease)
+ Immaculate 1,084sqm* purpose built medical, pathology & nuclear imaging facility on a substantial 3,527sqm* landholding
+ Newly constructed centre in 2019 providing substantial depreciation benefits
+ Secure and on-grade parking for 53 vehicles
+ Strategic medical position 350 metres* to 228-bed Port Macquarie Base Hospital close to Westside Medical Centre, Port Macquarie Cardiology & Pathology, and Macquarie Specialist Medical Centre and much more
+ Located within Port Macquarie’s major healthcare and education precinct including Charles Sturt University, NSW Shared Health, Research and Education Centre, TAFE NSW Port Macquarie
+ Port Macquarie: growing LGA with a population forecast growth of 23% by 2041 with the number of people over 60 years old expected to increase 36% by 2036
+ Net Income: $849,267 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 20 February 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx