ASX Listed Freestanding Medical Investment - Near Shoalhaven District Hospital

Description

Burgess Rawson is pleased to offer to the market 57 Junction Street, Nowra NSW for sale via our Investment Auction Portfolio 170.

This investment has the following key investment highlights:

+ Anchored by a 10 year lease to ASX listed Sonic Healthcare to 2031 plus options to 2041 (in occupation 20+ years)
+ Sonic Healthcare Ltd (ASX:SHL): internationally renowned and world leading healthcare provider, employing more than 30,000 staff with a current market cap of $15.62 billion.^
+ Renewed lease to Vision X-Ray Group to 2026 + options to 2036 (in occupation 20+ years)
+ Vision XRAY Group: medical specialist centre focusing on radiology, x-ray, CT, ultrasound and much more with 9 locations in NSW^^
+ Renewed lease to Walsh & Monaghan to Nov 2025 + options to 2028 (in occupation 20+ years)
+ Walsh & Monaghan: leading property valuers of 100+ years with offices in Sydney, Nowra, Wollongong, Mittagong, and Merimbula
+ Significant 2,821sqm* freehold landholding improved by an impressive 1,186 sqm* building, with ample parking for 37 cars
+ Potential future upside and value add (STCA)
+ Attractive rental reviews with a mix of fixed 4% and CPI
+ Booming South Coast location with a Shoalhaven region population of 142,936+, which is expected to surge 30% by 2051^^^.
+ Strategic position in the heart of Nowra’s CBD, adjacent Australia Post, neighbouring Woolworths, Nowra Plaza Shopping Centre & 1km* to Shoalhaven District Hospital
+ Shoalhaven District Hospital: Recent $438m redevelopment funded by the NSW Government
+ Net Income: $385,681 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx.
^sonichealthcare.com
^^xray.com.au
^^^profile.id

Enquire

Contact agents
Rhys Parker Partner
0451 101 042
Geoff Sinclair Director
0451 462 759
Yosh Mendis Head of Agency | Partner
0434 413 188
Luke Easton Cadet
0472 546 001
Enquiry Form

Nowra, NSW

57 Junction Street

For Sale by Portfolio Auction
Tuesday 6th August 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 170

Price: Contact Agent

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