Top ASX Listed Medical Investment Directly Opposite Hospital Campus

2/19 Kensington Street , Kogarah NSW

Property Highlights

Top ASX Listed Tenant

Secure 10 Year Lease

Opposite Major Hospital

Description

Secure 10 lease to 2024 + options to 2034
Southern Neurology, 100% owned by Healius (formerly Primary Health Care)
Healthcare giant with 2,558 sites nationally

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

Ideal location in dedicated medical precinct near Kogarah Train Station
Directly opposite St George Hospital, $385M upgrade in 2019
Ground floor medical suite, the best position in the building
Purpose built first class medical fitout, strong tenant commitment
Net lease, tenant pays outgoings, as per the lease
Attractive fixed 3% annual rental increases
5 valuable on site car spaces and two public car parks nearby

Net Income: $185,484 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
268 SQM
Gross Building Area
212 SQM

Contact Agents

Rhys Parker

0451 101 042

Darren Beehag

0411 226 223

Request Information

Stay up to date with our latest portfolio auctions & insights