State-of-the-Art Cancer Clinic Investment

building 1/49 frenchs forest road, frenchs forest nsw

Price: For Sale by Auction

  • Longstanding Tenant
  • 4% Annual Increases
  • Booming Location

Property Details

Trophy investment - Northern Cancer Institute - 400m from brand new $2 billion Northern Beaches hospital, New tunnel to Sydney CBD & airport

Auction 11am AEDT Tuesday 2 April 2019, Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Very rare class 9A Building allowing use as a day hospital
Stunning contemporary 575 sqm cancer care centre built 2009
Abundant 25 security basement car spaces
Valuable depreciation benefits still available

Renewed lease to 2023 + options to 2035
Net lease with tenant paying all outgoings, as per lease
Easily managed premium tenant investment
Generous 4% annual increases

Sydney’s newest & fastest growing medical location
At the entrance to a modern, prestigious business park just 400m from the brand new Northern Beaches Hospital which opened late 2018
Huge local transport infrastructure spending with Warringah Road widening, Wakehurst Parkway widening and proposed new Western Harbour Tunnel & Beaches link
Booming local economy underpinned by strong population growth

Net Income: $415,580 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 575 sqm
Land Size 575 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003470

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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