Established Medical Investment in Sydney's Lower North Shore

Description

Burgess Rawson is pleased to present 102/156 Military Road, Neutral Bay NSW to the market for sale via our Investment Portfolio Auction 161.

The investment has the following key investment highlights:

+ 5 year lease to 2026 plus options to 2032 (operating since 2003)
+ Attractive Annual CPI reviews, ensuring income growth
+ Well established medical practice in Sydney’s Lower North Shore
+ Qualtas Health: Leading Australian healthcare group with over 39 locations across the eastern seaboard.
+ Ideal medical position directly on Military Road and above popular Chemist Warehouse retail store.
+ High exposure site with over 50,000^ passing vehicles daily
+ Easily managed medical tenant investment
+ Prime position in Neutral Bay’s cosmopolitan retail precinct close to Coles, Woolworths & Oaks Hotel
+ Net Income: $121,234 pa* + GST (as of 18 August 2023)

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 20 June 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*approx
^Gapmaps
The last reported quarterly CPI figure of 7.3% (March 2023) has been used to arrive at the estimated 18 August 2023 rental

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Contact agents
Darren Beehag Partner
0411 226 223
Flynn McFall Assistant Sales Executive
0481 187 191
Geoff Sinclair Director
0451 462 759
Drew Mitchell
0498 018 606
Enquiry Form

Neutral Bay, NSW

102/ 156 Military Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 161

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