CBRE from CBRE is pleased to offer to the market 245 Ryedale Road, Denistone (Sydney) NSW, a premium freehold medical investment leased to PRP Diagnostic Imaging, for sale via Investment Portfolio Auction 179.

The property has the following key investment highlights:

+ 18 year net lease to February 2029 with one (1) further five (5) year option to 2034 (longstanding medical specialist centre)
+ Leased to 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
+ Well-presented 493sqm* medical specialists centre incorporating MRI, radiology, ultrasound, and X-ray facilities
+ Secure rental growth with annual reviews to the greater of CPI or 4%
+ Landlord friendly net lease with tenant paying all outgoings as per lease, including council rates, water, multi-holding land tax, insurance, management and repairs & maintenance
+ Prime 1,307sqm* freehold landholding with 26m* street frontage and direct access to the $526.8m Ryde Hospital redevelopment
+ On-site parking and direct patient footpath access to the hospital site
+ Exceptional accessibility only 400m* from Denistone Train Station with direct links to Sydney CBD, Parramatta, and Epping
+ Located within one of Sydney’s strongest healthcare precincts, supported by significant public and private health infrastructure and a rapidly growing population, with the City of Ryde forecast to grow from 135,000 in 2025 to over 160,000 by 2035², plus an annual economic output of $48.09 billion²
+ Net Income: $344,963 pa* + GST

To be sold individually via Investment Portfolio Auction 10:30am (AEST) Wednesday 17 September 2025, Yallamundi Rooms, Sydney Opera House

+ PRP Wollongong (South Coast), NSW
+ PRP Maitland (Newcastle), NSW
+ PRP Tuggerah (Central Coast), NSW

Please contact the exclusively appointed agents for further information.

*Approximate
1 IFM & UniSuper
2 profile.id