Medical Investment with Long Term Lease in High Growth Catchment
LJ Hooker Commercial Perth are pleased to present for sale the strata interest in the medical investment opportunity at 1/2 Boomerang Loop, Banksia Grove.
Secured by an ultra-long-term lease to Grow Medical Group, the 386sqm medical centre comprises a waiting room/reception, 2 administrative offices, 8 perimeter consulting rooms, a pathology lab & a central treatment room.
The property is situated within the Grandis Centre, a recently constructed commercial building that also comprises a Childcare Centre & Dental Practice, located in the rapidly developing suburb of Banksia Grove.
Investors will be attracted to the opportunity to secure a quality medical investment in what is a highly sought after and emerging asset class, providing an annual net income of $180,250 plus GST with built in rental growth via attractive 3% annual reviews.
Key Investment Highlights
• Ample car parking with 74 shared bays across wider development
• As-new building and fit-out allowing for substantial depreciation benefits
• Banksia Grove a growing suburb with dwellings expected to increase by 21% by 2031.
• Favourable demographic profile with 45.9% of the population couples & families, with a further 16.2% representing young families
• 1-minute drive to recently opened Grandis Primary School & St. John Paul II Catholic Primary School
• 4-minute drive to Banksia Grove Town centre comprising Coles, Woolworths, Aldi plus many more national retailers
• Secure long-term lease to 2030 with options to 2040
• Built in rental growth with 3% annual rental increases
• Net passing income of $180,250 plus GST, with tenant paying all usual outgoings
To obtain a copy of the information memorandum, or to arrange an inspection, please contact the exclusive selling agents LJ Hooker Commercial.
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