18 Prowse Street, West Perth WA 6005

Cygnet West and CBRE are pleased to present 18 Prowse, West Perth 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.

18 Prowse Street, West Perth is the home of Western Haematology and Oncology Clinics, operated by Cancer Care Associates, one of Australia's leading private oncology networks. The facility includes a highly specialised day hospital and outpatient consulting suites across 12 chemotherapy chairs, which looks out over parklands and benefits from ease of access to Perth’s freeway network.

Cancer Care Associates is a national PE-backed multidisciplinary oncology provider offering radiation oncology, medical oncology, clinical haematology and pharmacy services across Australia. The tenant has advised it will exercise its next 5-year option early, extending its occupation through to October 2033 (currently being documented).

• Fully leased to Western Haematology & Oncology
• Purpose-fitted specialist cancer care facility
• Net passing income: $744,355* per annum
• Lettable area: 1,165 sqm*
• Land area: 1,425 sqm*
• Tenant undertaking early exercise of option, extending occupation to October 2033
• Parkside West Perth landholding with future development potential
• Well-connected location adjacent railway, CAT bus and freeway connectivity

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.