SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

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

Private Treaty
Sale Price: Price on Application

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
Building Area
212 SQM

Price

Contact Agent

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights