Top 50 ASX Listed Medical Centre Investment in Prime Newcastle Metro Location
57 Belford Street , Broadmeadow NSW
Property Highlights
Subsidiary of global medical giant
Sonic Healthcare employs 32,0000+
Sonic Healthcare 5.54 billion revenue
Description
Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Freestanding medical centre with quality fit-out plus 5 valuable car spaces
Dominant corner position with future development upside (STCA)
Newcastle: second largest city in NSW, and the centrepiece of the fast growing Hunter region with a population of 650,000
Excellent demographics with 38,000 people located within a 5 minute drive and 10,000 passing vehicles daily
Renewed 5 year lease until November 2023 + option to 2028
Attractive fixed 4% annual rent increases assuring growth
Tenant pays outgoings, incl. land tax and management fees
Net Income: $165,827 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
461 SQM
Building Area
500 SQM
Price
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