Essential Service Freehold Medical Investment

Description

Burgess Rawson is pleased to offer to the market 40 Mackays Road, Coffs Harbour for sale via our Auction Investment Portfolio 156.

The freehold property has the following investment highlights:

+ Brand new 5 year lease plus options to 2037
+ Mid North Coast Cardiac Services: medical specialists in occupation for 20+ years
+ Tenant responsible for outgoings
+ Attractive 3% pa rent increases
+ Immaculate 209sqm* medical centre recently upgraded 2021 (circa $200,000 spent allowing for generous tax depreciation benefits), with 4 valuable car spaces
+ Prime 702sqm* freehold site ideally located directly opposite large Ramsay Private Hospital with new ICU, CCU, Cath Lab and surgical suites, only private hospital on the Mid North Coast Region from Gold Coast to Port Macquarie
+ The business serves the entire Mid North Coast with a growing catchment population of over 281,000 residents
+ Net Income: $110,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*approx

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Contact agents
Kieran Bourke Partner
0417 418 007
Michael Vanstone Director | Childcare
0403 580 528
Enquiry Form

Coffs Harbour, NSW

40 Mackays Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 156

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