Affordable Sydney Medical Investment in Proven Location Established 31+ Years
Description
Burgess Rawson is pleased to offer to the market Complete Allied Healthcare, Wetherill Park NSW for sale via our Investment Auction Portfolio 168.
+ Renewed 5 year lease to 2027 plus 5 year option to 2032
+ Attractive annual rent reviews to the greater of CPI or 3%, ensuring future income growth
+ The property is 100% leased to experienced medical operator Complete Allied Health Care, who currently have 18 locations and are continuing to expand throughout Australia
+ The location has operated as a physiotherapy practice for 31+ years
+ Quality 190sqm* healthcare clinic with 4 consulting/treatment rooms and two rehabilitation spaces, plus a 116sqm* first floor 3-bedroom apartment
+ Strategic location close to the Woolworths and Coles anchored Stockland Mall, which features over 5,600sqm and over 200 specialty stores
+ Conveniently positioned close to complementary ancillary medical tenants including Cardiology Australia and Fairfield Sports Podiatrist
+ Close to important social infrastructure, with Fairfield Hospital & Braeside Hospital situated adjacent the subject site, and 18 schools within a 3km radius
+ City of Fairfield: Current population of 210,000 people, and an economic output of $28.7b annually^
+ Western Sydney’s population is expected to absorb more than two thirds of Sydney’s population growth, reaching more than 3 million by 2031^^
+ Net Income: $84,062 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
* Approx
^ remplan.com.au
^^ Western Sydney University
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Contact agents
Kieran Bourke Partner
0417 418 007Darren Beehag Partner
0411 226 223Luke Easton Cadet
0472 546 001Enquiry Form
Wetherill Park, NSW
4 Price Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 168
Contact agents
-
Kieran Bourke Partner
0417 418 007 -
Darren Beehag Partner
0411 226 223 -
Luke Easton Cadet
0472 546 001