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102/156 Military Road, Neutral Bay, NSW, 2089

+3 Photos

+5 Photos

SOLD

102/156 Military Road, Neutral Bay, NSW, 2089

Properties / Sold / New South Wales / Neutral Bay

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

342 m² (*approx)

Floor Area

250 m² (*approx)

Property Type

Child/Healthcare, Offices

Sub-type

Health Care & Medical, Office Suites, Consulting Rooms

Terms

Secure 5 year lease to 2026 plus options to 2032 (in occupancy since 2003)

Est. Income

$111,628 p/a

Fully Leased

Qualtas Health

Show All

2. Property Highlights

Established Medical Investment in Sydney's Lower North Shore

Subsidiary to Global Health Giant
39+ Locations Nationally
250sqm Medical Centre

Burgess Rawson is pleased to present 102/156 Military Road, Neutral Bay NSW to the market for sale via our Investment Portfolio Auction 161.

The investment has the following key investment highlights:

+ 5 year lease to 2026 plus options to 2032 (operating since 2003)

+ Attractive Annual CPI reviews, ensuring income growth

+ Well established medical practice in Sydney's Lower North Shore

+ Qualtas Health: Leading Australian healthcare group with over 39 locations across the eastern seaboard.

+ Ideal medical position directly on Military Road and above popular Chemist Warehouse retail store.

+ High exposure site with over 50,000^ passing vehicles daily

+ Easily managed medical tenant investment

+ Prime position in Neutral Bay’s cosmopolitan retail precinct close to Coles, Woolworths & Oaks Hotel

+ Net Income: $121,234 pa* + GST (as of 18 August 2023)

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 20 June 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*approx

^Gapmaps

The last reported quarterly CPI figure of 7.3% (March 2023) has been used to arrive at the estimated 18 August 2023 rental

Remember to mention you found this property on CommercialReady

Property Type

Child/Healthcare, Offices

Sub-type

Health Care & Medical, Office Suites, Consulting Rooms

Est. Income

$111,628 p/a

Tenant

Qualtas Health

Terms

Secure 5 year lease to 2026 plus options to 2032 (in occupancy since 2003)

Land Area

342 m² (*approx)

Floor Area

250 m² (*approx)

Selling Method

Auction

Auction Date

20 Jun 2023 10:30AM

Add to calendar

Selling Details

Price on Request

2. Property Highlights

Established Medical Investment in Sydney's Lower North Shore

Subsidiary to Global Health Giant
39+ Locations Nationally
250sqm Medical Centre

Burgess Rawson is pleased to present 102/156 Military Road, Neutral Bay NSW to the market for sale via our Investment Portfolio Auction 161.

The investment has the following key investment highlights:

+ 5 year lease to 2026 plus options to 2032 (operating since 2003)

+ Attractive Annual CPI reviews, ensuring income growth

+ Well established medical practice in Sydney's Lower North Shore

+ Qualtas Health: Leading Australian healthcare group with over 39 locations across the eastern seaboard.

+ Ideal medical position directly on Military Road and above popular Chemist Warehouse retail store.

+ High exposure site with over 50,000^ passing vehicles daily

+ Easily managed medical tenant investment

+ Prime position in Neutral Bay’s cosmopolitan retail precinct close to Coles, Woolworths & Oaks Hotel

+ Net Income: $121,234 pa* + GST (as of 18 August 2023)

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 20 June 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*approx

^Gapmaps

The last reported quarterly CPI figure of 7.3% (March 2023) has been used to arrive at the estimated 18 August 2023 rental

Remember to mention you found this property on CommercialReady

Tenanted Investment

Darren Beehag

+61 *** *** *** show +61 411 226 223

Geoff Sinclair

+61 *** *** *** show +61 451 462 759

Download Development Site Report

3. Property Location

102/156 Military Road, Neutral Bay, NSW, 2089

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

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102/156 Military Road, Neutral Bay, NSW, 2089 Neutral Bay

Burgess Rawson - Sydney

Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia

Darren Beehag

+61 *** *** *** show +61 411 226 223

Geoff Sinclair

+61 *** *** *** show +61 451 462 759

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