Burgess Rawson is pleased to offer to the market the Balmoral Medical Practice (ForHealth Group) for sale via our Investment Auction Portfolio 170.

This investment has the following key investment highlights:

+ Renewed 5 year lease to December 2027 plus options to 2037 (longstanding medical centre)
+ Balmoral Medical Practice: part of Health & Co and the ForHealth Group, one of Australia’s largest medical and healthcare providers, owned by Private Equity powerhouse, BGH Capital, largest PE fund focused on Australia and New Zealand
+ Multi-disciplinary medical centre offering general practice, surgery, specialist treatment, pathology, on site pharmaceutical dispensary and much more
+ Highly desirable rent reviews to the greater of CPI or 4%, ensuring long term compounding income growth
+ Landlord friendly lease with the tenant responsible for all usual outgoings including property management and R&Ms
+ Sought after medical precinct surrounded by ancillary medical tenants, including Douglas Hanly Moir, Mosman Denture Clinic, Macono Orthodontics, After Hours Doctor Clinic and much more
+ Longstanding proven medical practice with circa 100+ patients daily, offering on-site pharmacy and pathology collection
+ Mosman: affluent Sydney Lower North Shore location where the median house price is $5.7m, 4.7 times the state average^
+ Net Income: $233,865 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx.
^ realestate.com.au