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ASX Listed Inner City Medical Investment

Lot 36/580 & 586 Newcastle Street , West Perth WA

Property Highlights

Subsidiary of Sonic Healthcare Limited
Renewed 5 Year Lease
Net Income $246,768 pa* + GST
Register to Bid

Description

Burgess Rawson is pleased to present Sonic HealthPlus, West Perth to the market for sale via Private Treaty.

The investment has the following key investment highlights:

+ Renewed 5 year lease to September 2027 (tenant in occupation from 2013)
+ Sonic HealthPlus: wholly owned subsidiary of ASX listed Sonic Healthcare Limited (ASX:SHL), a world leading healthcare provider with a $15.62 billion market cap. Sonic Healthplus specialise in occupation healthcare and general medical services**
+ Sonic Healthcare Limited is a global healthcare company headquartered in Sydney operating in 8 countries across 400 laboratories employing 30,000 employees. Sonic Healthcare is a leading provider of medical diagnostics services, offering a broad range of laboratory and pathology testing services to patients and healthcare providers worldwide***
+ Favourable annual rent reviews to the greater of CPI or fixed 2.5% & 3%
+ Single tenant medical investment with Sonic HealthPlus responsible for all outgoings (including land tax, R&M’s and property management)
+ Rarely offered, landlord favourable medical investment
+ Strategic Perth CBD medical position. Ideally located 2km* to Subiaco Hospital and 3km* to Royal Perth Hospital on a major thoroughfare with dedicated on-site parking for customers and staff
+ West Perth: vibrant and dynamic inner CBD suburb of Perth, with a greater population of 2,118,000+ people****
+ Net Income: $246,768 pa* + GST

To be sold via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information

*Approximately
**sonichealthplus.com.au
***sonichealthcare.com
****macrotrends.net

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
515 SQM
Building Area
597 SQM

Price

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