Burgess Rawson from CBRE is pleased to offer to the market 11/741 Pacific Highway, Gordon (Sydney) NSW, a premium freehold medical investment anchored by PRP Diagnostic Imaging, for sale via forthcoming Auction.

The property has the following key investment highlights:

+ Longstanding net lease to PRP to 2035 with two (2) further five (5) year options to 2045
+ PRP Diagnostic Imaging: leading diagnostic imaging provider with 32 locations and growing, servicing 1 million+ patients annually, owned by IFM Investors & UniSuper with a combined $381 billion¹ Assets Under Management
+ Immaculate and well presented 554sqm* medical imaging facility with significant tenant funded fit-out including MRI, CT and radiology infrastructure
+ Landlord friendly net lease with tenant paying all outgoings as per lease, including council rates, insurance, strata levies, multi-holding land tax and management fees
+ Secure rental growth with annual reviews to the greater of CPI or 4%
+ Located within Gordon’s core commercial precinct surrounded by national brands McDonald’s, Salvos, Westpac, Domino’s and across from Woolworths anchored Gordon Central Shopping Centre
+ Situated on Pacific Highway which has exposure to 308,000 vehicles passing weekly
+ Adjacent to Gordon Train Station that see’s 323,000+ passenger movements monthly and has an abundance of council parking
+ Gordon: affluent suburb in Sydney’s North Shore, within Kur-ring-gai council that has a population of 128,362 and a GRP of $8.73 billion
+ Net Income: $487,100 pa* + GST

To be sold via forthcoming Auction

Please contact the exclusively appointed agents for further information.

*Approximate
1 IFM & UniSuper
2 profile.id / remplan