Affordable Sydney Medical Investment in Proven Location Established 31+ Years

4 Price Street, Wetherill Park NSW

Property Highlights

Renewed 5 year lease to 2027 + option
Greater of CPI or 3% rent reviews
Net Income: $85,342 pa + GST
Register to Bid

Description

Burgess Rawson is pleased to offer to the market Complete Allied Healthcare, Wetherill Park NSW for sale via our Investment Auction Portfolio 168.

+ Renewed 5 year lease to 2027 plus 5 year option to 2032
+ Attractive annual rent reviews to the greater of CPI or 3%, ensuring future income growth
+ The property is 100% leased to experienced medical operator Complete Allied Health Care, who currently have 18 locations and are continuing to expand throughout Australia
+ The location has operated as a physiotherapy practice for 31+ years
+ Quality 190sqm* healthcare clinic with 4 consulting/treatment rooms and two rehabilitation spaces, plus a 116sqm* first floor 3-bedroom apartment
+ Strategic location close to the Woolworths and Coles anchored Stockland Mall, which features over 5,600sqm and over 200 specialty stores
+ Conveniently positioned close to complementary ancillary medical tenants including Cardiology Australia and Fairfield Sports Podiatrist
+ Close to important social infrastructure, with Fairfield Hospital & Braeside Hospital situated adjacent the subject site, and 18 schools within a 3km radius
+ City of Fairfield: Current population of 210,000 people, and an economic output of $28.7b annually^
+ Western Sydney’s population is expected to absorb more than two thirds of Sydney’s population growth, reaching more than 3 million by 2031^^
+ Net Income: $85,342 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

* Approx
^ remplan.com.au
^^ Western Sydney University

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
556 SQM
Building Area
306 SQM

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