Renewed 10 Year Net Lease – ASX Medical Giant Sonic Healthcare

Description

Burgess Rawson is pleased to offer to the market ASX Listed Sonic Healthcare, North Gosford NSW (Central Coast) for sale via our Investment Auction Portfolio 171.

This opportunity has the following key investment highlights:

+ Renewed 10 year lease to 2034 plus option to 2044 to medical powerhouse, Sonic Healthcare
+ Sonic Healthcare Ltd (ASX:SHL): internationally renowned world leading healthcare provider, employing more than 30,000 staff^ with a current market cap of $13.3 billion**
+ Highly desirable fixed 4% annual rent increases ensuring long term compounding rental growth
+ Landlord friendly net lease with tenant responsible for all usual outgoings as per the lease
+ Strategic medical position part of the ‘Gosford Private Medical Centre’ next to Gosford Private Hospital, Gosford Hospital, Central Coast Haematology, PRP Diagnostic Imaging and much more
+ Impressive 579 sqm* medical fit-out with exclusive and secure undercover parking with 13 car spaces on title
+ Easily managed single tenant medical investment
+ Gosford: the centre of NSW’s fastest growing corridor with a population of 178,000+*, 75km to Sydney. Healthcare is the largest industry in the region generating $2.1B annually^^
+ Net Income: $514,184 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 17 September 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
^sonichealthcare.com.au
^^ profile.id
**ASX: As of 19/08/2024

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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Flynn McFall Sales Executive
0481 187 191
Luke Easton Cadet
0472 546 001
Enquiry Form

North Gosford, NSW

1 & 2/ 12 Jarrett Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 171

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