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21-23 Denison Street, Wollongong NSW 2500

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21-23 Denison Street, Wollongong NSW 2500

Wollongong

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21-23 Denison Street, Wollongong NSW 2500

Wollongong

SOLD
21-23 Denison Street, Wollongong NSW 2500

21-23 Denison Street, Wollongong NSW 2500

Properties / Sold / New South Wales / Wollongong
Tenanted Investment
Selling Method
EOI
Selling Details
Closing 4:00pm AEDT on Thursday, 27th March 2025
Property Type
Health/Medical
Sub-type
Health Care & Medical
Est. Income
$743,814 p/a
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Modern NSW Healthcare Asset Underpinned by Global Healthcare Provider

JLL is pleased to present Sonic Healthcare Wollongong, located at 21-23 Denison St, Wollongong NSW. Boasting a prime location within the tightly held Wollongong medical precinct, the asset provides a 100% leased investment underpinned by ASX listed Sonic Healthcare (ASX: SHL). The modern facility provides a robust 6+ year WALE with significant tenant investment in fit out. Additionally, the favourable MU1 Mixed Use zoning also allows for considerable vertical expansion possibilities (STCA). 

Sonic Healthcare Wollongong is offered for sale by Expressions of Interest closing 4:00pm AEDT on Thursday, 27th March 2025. For further information or access to the Electronic Data Room please contact the exclusive selling agents.   

•Prime location within the tightly held Wollongong medical precinct

•Significant tenant investment in fit out with high likelihood of long term tenant retention

•100% leased to subsidiaries of ASX listed Sonic Healthcare (ASX: SHL), one of Australia’s largest healthcare company

•Significant 2,787m²* MU1 Mixed Use zoned site allowing for considerable vertical expansion possibilities

•Current net income of $743,814pa* plus GST & Outgoings

•Fully refurbished in 2017, the facility comprises an NLA of 1,184m²* and 36 onsite car parks

*approximately as at 31 March 2025

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Tenanted Investment
Tenanted Investment

21-23 Denison Street Investment Summary

Property Type
Health/Medical
Sub-type
Health Care & Medical
Est. Income
$743,814 p/a
Selling Method
EOI
EOI Closing Date
27 Mar 2025 04:00PM
Selling Details
Closing 4:00pm AEDT on Thursday, 27th March 2025

Investment Highlights

Modern NSW Healthcare Asset Underpinned by Global Healthcare Provider

JLL is pleased to present Sonic Healthcare Wollongong, located at 21-23 Denison St, Wollongong NSW. Boasting a prime location within the tightly held Wollongong medical precinct, the asset provides a 100% leased investment underpinned by ASX listed Sonic Healthcare (ASX: SHL). The modern facility provides a robust 6+ year WALE with significant tenant investment in fit out. Additionally, the favourable MU1 Mixed Use zoning also allows for considerable vertical expansion possibilities (STCA). 

Sonic Healthcare Wollongong is offered for sale by Expressions of Interest closing 4:00pm AEDT on Thursday, 27th March 2025. For further information or access to the Electronic Data Room please contact the exclusive selling agents.   

•Prime location within the tightly held Wollongong medical precinct

•Significant tenant investment in fit out with high likelihood of long term tenant retention

•100% leased to subsidiaries of ASX listed Sonic Healthcare (ASX: SHL), one of Australia’s largest healthcare company

•Significant 2,787m²* MU1 Mixed Use zoned site allowing for considerable vertical expansion possibilities

•Current net income of $743,814pa* plus GST & Outgoings

•Fully refurbished in 2017, the facility comprises an NLA of 1,184m²* and 36 onsite car parks

*approximately as at 31 March 2025

Read More
Tenanted Investment

Property Location of 21-23 Denison Street, Wollongong NSW 2500

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21-23 Denison Street, Wollongong NSW 2500 Wollongong
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