High Yielding Investment | Renewed 3 Year Lease to ASX Listed Medical Giant

Description

Burgess Rawson is pleased to offer to market ‘Healius Limited’ pathology laboratory located at 2 Ramsay Place, West Albury NSW for sale via Offers For Immediate Purchase.

The property has the following key investment highlights:

+ Renewed Three (3) year net lease to Healius Pathology to Sep 2027 plus option through to 2030.
+ Healius Ltd (ASX:HLS): market cap of $1.25b, one of Australia’s largest diagnostic and healthcare providers, servicing more than 15 million patients annually.
+ Longstanding tenant (trading as Dorevitch Pathology) on-site 20+ years.
+ Investor preferred net lease terms with the tenant paying all outgoings including land tax.
+ Favourable annual CPI reviews
+ Highly sought-after essential service minimal management investment.
+ Well-maintained 497sqm* SP Infrastructure zoned landholding with 10 car spaces provided on title.
+ Strategically located within key medical precinct, adjoining Border Physicians Group and within metres of Albury Wodonga Private Hospital, Albury Day Surgery, Urologist, I-Med Radiology, and Hume Cardiac Centre.
+ Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036 **.
+ Net Income: $135,574 pa* + GST

To be sold via Offers for Immediate Purchase

* Approx
** Profile.id

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Contact agents
Zomart He 何梓轩
0488 220 830
Sam Mercuri Senior Negotiator
0413 830 709
Kieran Bourke Senior Director
0417 418 007
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West Albury, NSW

1/ 2 Ramsay Place

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 172

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