Savills and Amicum are delighted to offer for sale 351 Fowler Road, Illawong NSW as part of the Heritage Care Freeholds Portfolio.
The property presents a strategically located social infrastructure investment with a new 15-year lease to a long-term operator.
Key attributes of the property include:
Beds: 64
Lease: 15 + 10 + 10 years
Net Rental: $505,326pa*
Land Area: 6,677sqm*
Properties also being offered as part of the portfolio are:
325 Canterbury Road, Bayswater North VIC
Beds: 121
Lease: 15 + 10 + 10 years
Net Rental: $1,284,164pa*
Land Area: 12,480sqm*
7 Campbell Street, Queanbeyan NSW
Beds: 118
Lease: 15 + 10 + 10 years
Net Rental: $931,695pa*
Land Area: 6,480sqm*
*Approximate
Highlights of this premium aged care portfolio include:
• 3 high quality facilities leased out to Heritage Care – a leading privately owned aged care services provider with 11 locations across New South Wales & Victoria
• Strong lease security with new long-term leases
• All properties are land tax exempt
• Significant landholdings underpinning the value of the assets
• An opportunity to secure three strategically located social infrastructure investments
EOI CLOSED - Offers Under Review.
For further information please contact:
Savills NSW
Nick Lower - 0414 259 494
Savills VIC
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Amicum
John Newman - 0418 313 523
Glen O’Brien - 0431 602 978
Remember to mention you found this property on CommercialReady
351 Fowler Road, ILLAWONG, NSW, 2234