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34-36 Minilya Parkway, Greenfields, WA, 6210

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34-36 Minilya Parkway, Greenfields, WA, 6210

Greenfields

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34-36 Minilya Parkway, Greenfields, WA, 6210

Greenfields

34-36 Minilya Parkway, Greenfields, WA, 6210

34-36 Minilya Parkway, Greenfields, WA, 6210

Properties / Buy / Western Australia / Greenfields
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
EOI Closing Thursday 19 June at 2pm (WST)
Land Area
6,295 m² (*approx)
Floor Area
1980 m² (*approx)
Property Type
Health/Medical
Sub-type
Health Care & Medical, Consulting Rooms
Est. Income
$1,141,002 p/a
Fully Leased
GP, Pharmacy, Radiology, Cardiology, Gynecology and Sleep Apnea Clinic
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High Performing GP-Anchored Facility Adjoining Public Hospital Campus
  • NLA of 1,979.5sqm*
  • 100% occupied by 6 medical tenants
  • Net Income of $1,141,002 pa* +GST

Knight Frank are pleased to present for sale the Murray Medical Complex, located at 34-36 Minilya Parkway, Greenfields, WA.

Nestled in the heart of Greenfield’s thriving healthcare precinct, Murray Medical Complex adjoins the Peel Health Campus, anchored by a 206-bed general public hospital currently undergoing a $152m redevelopment.

The key investment attributes of the Murray Medical Complex are as follows:

· 1,979.5 sqm* Net Lettable Area

· Estimated Net Income of $1,141,002 p.a.* plus GST

· 4.0* Year WALE

· 100% occupied by 6 tenants including GP, Pharmacy, Radiology, Cardiology, Gynecology and Sleep Apnea Clinic

· 6,295 sqm freehold corner site with high exposure

· Adjoins 206-bed Peel Health Campus, a public general hospital currently undergoing a $152m development

· Low site coverage – 31.4%

· 104 on-grade car bays (1:19sqm)

*Approximately, as at 1 July 2025

Murray Medical Complex boasts a diverse range of medical specialties including a high performing 17 room General Practice, Cardiology, Radiology and Gynecology, complimented by a large format pharmacy and sleep apnea clinic all catering to a wide patient base.

The high-profile corner site provides easy accessibility into the asset with convenient and abundant on-grade parking available. This accessibility supports the strong performance of the tenants, in particular the GP and Pharmacy business. Surrounding developments include Mandurah Community Health Centre, Mandurah Specialist Centre and an adjacent quick service retail and medical facility anchored by McDonald’s, Ampol, GenesisCare and Advara Heartcare.

The City of Mandurah’s population growth has outperformed the greater Perth region, growing by 3.62% in 2024 with the over 50-cohort significantly overrepresented (Profile.ID). The overrepresentation of the older demographic ensures strengthening need for healthcare services in future years.

For further information please contact the marketing agents.

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

34-36 Minilya Parkway Investment Summary

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This listing meets our standards for including all key property details
Property Type
Health/Medical
Sub-type
Health Care & Medical, Consulting Rooms
Est. Income
$1,141,002 p/a
Number Of Tenants
6
Tenant
GP, Pharmacy, Radiology, Cardiology, Gynecology and Sleep Apnea Clinic
Wale
4 years
Land Area
6,295 m² (*approx)
Floor Area
1980 m² (*approx)
Selling Method
Sale by Negotiation
DATAROOM AVAILABLE
Request Access
Selling Details
EOI Closing Thursday 19 June at 2pm (WST)

Investment Highlights

High Performing GP-Anchored Facility Adjoining Public Hospital Campus
  • NLA of 1,979.5sqm*
  • 100% occupied by 6 medical tenants
  • Net Income of $1,141,002 pa* +GST

Knight Frank are pleased to present for sale the Murray Medical Complex, located at 34-36 Minilya Parkway, Greenfields, WA.

Nestled in the heart of Greenfield’s thriving healthcare precinct, Murray Medical Complex adjoins the Peel Health Campus, anchored by a 206-bed general public hospital currently undergoing a $152m redevelopment.

The key investment attributes of the Murray Medical Complex are as follows:

· 1,979.5 sqm* Net Lettable Area

· Estimated Net Income of $1,141,002 p.a.* plus GST

· 4.0* Year WALE

· 100% occupied by 6 tenants including GP, Pharmacy, Radiology, Cardiology, Gynecology and Sleep Apnea Clinic

· 6,295 sqm freehold corner site with high exposure

· Adjoins 206-bed Peel Health Campus, a public general hospital currently undergoing a $152m development

· Low site coverage – 31.4%

· 104 on-grade car bays (1:19sqm)

*Approximately, as at 1 July 2025

Murray Medical Complex boasts a diverse range of medical specialties including a high performing 17 room General Practice, Cardiology, Radiology and Gynecology, complimented by a large format pharmacy and sleep apnea clinic all catering to a wide patient base.

The high-profile corner site provides easy accessibility into the asset with convenient and abundant on-grade parking available. This accessibility supports the strong performance of the tenants, in particular the GP and Pharmacy business. Surrounding developments include Mandurah Community Health Centre, Mandurah Specialist Centre and an adjacent quick service retail and medical facility anchored by McDonald’s, Ampol, GenesisCare and Advara Heartcare.

The City of Mandurah’s population growth has outperformed the greater Perth region, growing by 3.62% in 2024 with the over 50-cohort significantly overrepresented (Profile.ID). The overrepresentation of the older demographic ensures strengthening need for healthcare services in future years.

For further information please contact the marketing agents.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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