Indicative Pricing: $3.05m.
5 year lease to PRP Diagnostic Imaging expiring June 2020.
Modern 417 sqm ground floor premises plus 16 car spaces.
Prominent exposure to 6 lane major arterial road.
PRP – 4th largest radiology group in Australia with 29 locations and 800 employees.
Highly desirable Northern Beaches location.
Tenant pays all outgoings incl. management fee, as per lease.
Annual rent increases to greater of CPI or 4%.
Long 20 year history as Radiology practice.
Combined PRP radiology practice & admin headquarters.
An opportunity to invest in the secure healthcare industry.
Net Income: $211,054 pa + GST (1 July 2017).