ASX Listed Freestanding Medical Investment - Near Shoalhaven District Hospital
Description
Burgess Rawson is pleased to offer to the market 57 Junction Street, Nowra NSW for sale via Private Treaty.
This investment has the following key investment highlights:
+ Anchored by a 10 year lease to ASX listed Sonic Healthcare to 2031 plus options to 2041 (in occupation 20+ years)
+ Sonic Healthcare Ltd (ASX:SHL): internationally renowned and world leading healthcare provider, employing more than 30,000 staff with a current market cap of $15.62 billion.^
+ Renewed lease to Vision X-Ray Group to 2026 + options to 2036 (in occupation 20+ years)
+ Vision XRAY Group: medical specialist centre focusing on radiology, x-ray, CT, ultrasound and much more with 9 locations in NSW^^
+ Renewed lease to Walsh & Monaghan to Nov 2025 + options to 2028 (in occupation 20+ years)
+ Walsh & Monaghan: leading property valuers of 100+ years with offices in Sydney, Nowra, Wollongong, Mittagong, and Merimbula
+ Significant 2,821sqm* freehold landholding improved by an impressive 1,186 sqm* building, with ample parking for 37 cars
+ Potential future upside and value add (STCA)
+ Attractive rental reviews with a mix of fixed 4% and CPI
+ Booming South Coast location with a Shoalhaven region population of 142,936+, which is expected to surge 30% by 2051^^^.
+ Strategic position in the heart of Nowra’s CBD, adjacent Australia Post, neighbouring Woolworths, Nowra Plaza Shopping Centre & 1km* to Shoalhaven District Hospital
+ Shoalhaven District Hospital: Recent $438m redevelopment funded by the NSW Government
+ Net Income: $385,681 pa* + GST
For sale via Private Treaty
Please contact the exclusively appointed sales team for more information
*Approx.
^sonichealthcare.com
^^xray.com.au
^^^profile.id
Enquire
Contact agents
Rhys Parker Partner
0451 101 042Geoff Sinclair Director
0451 462 759Yosh Mendis Head of Agency | Partner
0434 413 188Luke Easton Cadet
0472 546 001Enquiry Form
Nowra, NSW
57 Junction Street
For Sale
This property is part of Portfolio 170
Price: Contact Agent
Contact agents
-
Rhys Parker Partner
0451 101 042 -
Geoff Sinclair Director
0451 462 759 -
Yosh Mendis Head of Agency | Partner
0434 413 188 -
Luke Easton Cadet
0472 546 001