Premium North Adelaide Medical Investment

Description

CBRE is pleased to present an attractive investment opportunity at Unit 6, 110 Ward Street, North Adelaide for sale via Expressions of Interest.

The investment has the following key highlights:

+ Boutique 124sqm* medical consulting space located within a specialised complex featuring complementary aged care and professional service occupiers
+ Securely leased until November 2030 to Vein Care SA Pty Ltd, a leader in the non-invasive treatment of varicose veins
+ Built-in rental growth via fixed 4% annual rental increases throughout the lease term
+ Well-conditioned and efficient fit-out featuring 4 consulting rooms, open reception area, a designated waiting room, staff amenities and storage space
+ Three exclusive car parking spaces included located directly opposite at 18A Marian Street, North Adelaide
+ Extensive on-street parking available directly in front of the practice as well as along nearby streets
+ Attractive net lease structure with tenant paying all outgoings (excl. land tax)
+ Premier healthcare precinct: within close proximity to the Women’s & Children’s Hospital, Calvary Adelaide Hospital, Memorial Hospital and an array of Allied Health and specialty operators
+ North Adelaide: one of Adelaide’s most affluent suburbs renowned for its service-based businesses, vibrant dining and retail precincts, and strong residential demand
+ Zero stamp duty payable on commercial transactions in South Australia
+ Net Income: $51,584 pa* from November 2026

For Sale via Expression of Interest closing 4:00pm ACST Thursday 3 December 2026

*Approx
RLA 208125

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Contact agents
Oliver Grivell Senior Negotiator
+61 478 069 579
Ned Looker Director
0448 689 573
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North Adelaide, SA

6/ 110 Ward Street

Contact agents
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