Freestanding ASX Medical Powerhouse
Description
Burgess Rawson and Commercial Collective are pleased to offer to the market Pacific Smiles Dental at 64 Junction Street, Nowra NSW for sale via Investment Auction Portfolio 169.
The property has the following investment highlights:
+ Leased to ASX listed tenant Pacific Smiles Dental to 2030 + option to 2035
+ Longstanding dental practice occupied by Pacific Smiles since 2010
+ Pacific Smiles Dental: ASX listed dental powerhouse with 120+ locations
+ Substantial 677sqm* landholding with valuable onsite parking
+ Attractive annual increases (greater of 3% or CPI), ensuring income growth
+ Strategic position in Nowra surrounded by supporting occupants including a general practitioner and an audiologist
+ Close proximity to fast food giant McDonald’s, and Nowra Shopping Mall, with national brands including Coles and Woolworths
+ Easily managed single tenant investment
+ Nowra: Booming South Coast location with a Shoalhaven region population of 109,418, expected to surge 30% by 2051 to 142,936
+ Net Income: $102,939 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
forecast.id.com.au
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Contact agents
Darren Beehag Partner
0411 226 223Flynn McFall Sales Executive
0481 187 191Enquiry Form
Nowra, NSW
64 Junction Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 169