275 Vincent Street, Cessnock, NSW, 2325

Knight Frank is pleased to present 275 Vincent Street, Cessnock – ‘Vincent Street Medical Centre’ a premium, purpose-built healthcare investment, underpinned by dual ASX listed tenants and offered for sale via Expressions of Interest.

Key Investment Highlights

- Net income: $436,556^ + GST per annum*

- Secure rental profile underpinned by two ASX-listed healthcare tenants - Healius Limited (GP & pathology) and Wesfarmers Health (Pharmacy 4 Less) -delivering institutional grade income security

- Fully leased, defensive healthcare investment, providing essential non-discretionary medical and pharmacy services to the growing Cessnock catchment

- Strong 8.4-year WALE (by income) supported by long dated leases featuring fixed and CPI linked rental increases

- Highly secure lease profile with GP & pathology tenancy leased to 2033 (options to 2043) and Pharmacy leased to 2038 (options to 2058)

- Built-in rental growth via the greater of CPI or fixed annual increases, providing a strong inflation hedged income stream

- Supported by substantial Federal healthcare funding, with All Ways Healthcare transitioning to a fully bulk billed model under the Government’s $8.5 billion Medicare investment program

- Modern, purpose-built facility (completed 2021) comprising 1,018* sqm NLA on a 4,249* sqm site, zoned E3 Productivity Support, with 42 on-grade car spaces and dedicated ambulance access

- High-quality, low maintenance asset offering significant remaining depreciation benefits and a strong income security profile

Strategically positioned within an established Cessnock commercial precinct, the property is anchored by major national retailers including Bunnings, Coles, Woolworths and McDonald’s, among others. Situated within the high growth Hunter Region, the asset benefits from strong population expansion and increasing healthcare demand, located approximately 50 minutes* from Newcastle CBD and 2 hours* from Sydney.

Cessnock LGA is currently home to approximately 74,336 residents* and is recognised as one of the fastest growing regional LGAs in New South Wales, with its population forecast to increase by more than 55% to 115,696 by 2046*. This strong growth trajectory further underpins long term demand for essential healthcare infrastructure.

Expressions of Interest will close Wednesday, 29 July 2026 at 4pm (AEST).

For more information, contact the exclusive Knight Frank selling agent.

^ As at 01 August 2026 in line with estimated annual rent increase figures

* Approximate

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