CBRE and JLL are proud to exclusively present for sale Forrest Family Practice, a long WALE, single level general practice medical centre 100% leased to ForHealth, a national healthcare service provider with a platform of more than 70 medical centres.
Boasting a long WALE of 7.80-years * offering significant income security, Forrest Family Practice is a rare opportunity to secure a strategically located, purpose built general practice medical centre and pharmacy which comprises 12 x consultation rooms operated by 12 doctors, with ancillary services including pathology, dietetics and pharmacy.
Key Investment Information:
Address: 120-122 Spencer Street, South Bunbury WA 6230
Net Lettable Area (NLA): 890m² *
Combined Site Area: 2,920m² *
Local Government Area: City of Bunbury
Zoning: Mixed Use Commercial
Tenant: ForHealth (trading as Forrest Family Practice)
Net Income: $532,677 per annum + GST**
Term: 10 years commenced July 2021
Options: Three, 3 year options
Car Parking: 59 bays
*Approximately
**Approximately as at 1 October 2023
Forrest Family Practice is for sale Expressions of Interest (EOI) closing Thursday 19th October 2023 at 2.00pm (AWST)/ 5:00pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Derek Barlow
Director, CBRE
+61 417 941 478
Lachlan Andrew
Associate, CBRE
+61 426 890 080
Simon Quinn
Senior Director, JLL
+61 409 261 276
Nigel Freshwater
Senior Director, JLL
+61 417 197 375
Thomas Thorsen
Senior Executive, JLL
+61 488 444 022
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