Entry Level Freestanding Medical Investment – Renewed Lease to Leading National Operator

Description

CBRE is pleased to offer to the market Ochre Health Cooma located at 182-184 Sharp Street Cooma (Snowy Mountains) NSW for sale via our Investment Auction Portfolio 174.

This opportunity has the following key investment highlights:

+ Renewed 5 year lease to October 2029 plus options to 2039
+ Ochre Health: leading regional healthcare provider established in 2002, with 65+ locations nationally
+ Ochre Health Cooma was previously Sharp Street Surgery with longstanding occupancy
+ Compounding fixed 3% annual rent increases ensuring long term rental growth
+ Significant 2,165sqm* combined freehold landholding improved by a highly established 641sqm* surgery & medical centre with 23 car spaces plus valuable off-street and council parking
+ Strategic CBD position on Snowy Mountains Highway near Coles anchored Centennial Plaza Shopping Centre, Woolworths, & recently completed $26.5 million Cooma Hospital redevelopment
+ Cooma: heart of the Snowy Mountains with a GRP of $2.3 billion and a growing population set to reach 25,025 by 2041
+ Net Income: $155,906 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 18 February 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

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Contact agents
Geoff Sinclair Director
0451 462 759
Yosh Mendis Senior Director
0434 413 188
Luke Easton Junior Sales Associate
0472 546 001
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Cooma, NSW

182-184 Sharp Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 174

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