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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
Gross Building Area
500 SQM

Contact Agents

Kieran Bourke

+610 417 418007

Darren Beehag

0411 226 223

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