Prime Southern Sydney Medical Investment | 10-Year Lease to ASX Listed Health Giant Medibank

Description

CBRE is pleased to offer to market Myhealth Engadine (Sydney) NSW for sale via our Investment Portfolio Auction 184.

This opportunity has the following key investment highlights:

+ Ten (10) year lease to Myhealth to June 2032 plus two (2) further Five (5) year options to 2042.
+ Myhealth: primary care and GP-led medical centre provider with 106 locations across NSW, VIC and QLD; servicing 3M patients annually and 90% owned by ASX-listed health giant Medibank.(1)
+ Medibank (ASX: MPL): Australia’s largest private health insurer and integrated healthcare provider (~$12B market cap) with more than 4.2 million customers across Australia.(2)
+ Annual CPI + 2% rent reviews, providing significant future growth potential.
+ Immaculate 432sqm* medical practice with $100k fit-out refurbishment completed in 2022.
+ High-demand GP catchment attracting 111,000+ visits each year (Medicare) within a 3 km radius. (3)
+ Central location with ALDI, Woolworths, Coles, & McDonald’s all within 300m.*
+ Engadine: 33km* from CBD, booming Southern Sydney Metro location with 16.6% median house price growth over the past 24 months. (4)
+ Sutherland Shire: home to 241,000 people, supporting 76,788 jobs and has with an annual economic output of $29.961 billion. (5)
+ Net Income: $142,033 pa* + GST

To be sold via Investment Portfolio Auction 10:30am AEST Tuesday 12 May 2026 at the Sydney Opera House.

* Approx.
1 Myhealth
2 Medibank
3 GapMaps
4 realestate.com.au
5 REMPlan

Enquire

Contact agents
Yosh Mendis Senior Director
0434 413 188
Sam Mercuri Senior Negotiator
+61 413 830 709
Luke Easton Junior Sales Associate
0472 546 001
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Engadine, NSW

3/ 30-34 Station Street

For Sale by Portfolio Auction
Tuesday 12th May 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 184

Price: Contact Agent

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