Burgess Rawson is pleased to offer to the market 384 Wollombi Road, Bellbird (Cessnock) NSW for sale via Expressions of Interest.

This opportunity has the following key investment highlights:

+ 10 year net lease to 2031 plus 10 year option to 2041
+ Multifaceted business offering general practice, women’s health, mental health, ECG, skin cancer treatment, x-ray, pathology and much more
+ Compounding fixed 3% annual rent increases, ensuring income growth
+ Highly desirable net lease structure with the tenant responsible for all outgoings including land tax and property management
+ High profile main road 1,375sqm* corner landholding improved by a 541sqm* medical facility with 108m* of combined triple street frontage offering parking for 17 cars
+ Purpose built freehold facility constructed in 2021, offering depreciation benefits
+ Strategic healthcare location in the Hunter Region with 38% of the population over the age of 50+
+ Cessnock: heart of NSW’s Hunter Valley, forecast to grow 72% by 2041, the third fastest in NSW
+ Net Income: $240,399 pa* + GST

For Sale via Expressions of Interest

Please contact the exclusively appointed sales team for more information.

*Approx.