122 Stalker Road, Gosnells WA 6110

Cygnet West and CBRE are pleased to present 122 Stalker Road, Gosnells to the market as part of the Specialist Healthcare Portfolio (WA), it is one of four assets in a uniquely diverse offering of hospital and specialist healthcare assets across Perth's most established medical precincts.

122 Stalker Road, Gosnells, the Tandara Medical Centre, represents a compelling opportunity to acquire an established medical facility in one of Perth's fastest-growing suburban corridors.

The property is 100% leased to Partnered Health, a national healthcare group operating over 65 medical centres and skin cancer clinics across Australia. The head lease is materially underpinned by a diverse sub-tenant income base, including Sonic Healthcare, Gosnells Physiotherapy and Corfield Street Family Chemist, currently covering approximately 88% of Partnered Health's occupancy costs.

• Bupa has entered into an agreement to purchase the Partnered Health Group from the private equity firm Quadrant. Once complete, the lease will transfer to Bupa.
• Net lettable area: 1,296 sqm NLA
• Net passing income: $633,379 p.a.
• Exceptional patient access with 93 on-site car parking bays
• Positioned on a high-profile, triple-fronted corner landholding of 5,305 sqm* at the intersection of Stalker Road, Corfield Street and Redmond Road
• The City of Gosnells is one of Perth's most dynamic growth corridors, with a current population of 139,453 forecast to reach 187,673 by 2046.
• Zoned: Local Centre under the City of Gosnells Local Planning Scheme No. 6 permitting additional development potential.

This opportunity is being offered for sale individually or in-one-line as part of the Specialist Healthcare Portfolio (WA) via Expressions of Interest campaign closing Wednesday 9 September at 3pm AWST.

Due diligence material is available via an online data room upon request to the exclusive marketing agents.