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4 Price Street, Wetherill Park, NSW, 2164

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4 Price Street, Wetherill Park, NSW, 2164

Wetherill Park

SOLD
4 Price Street, Wetherill Park, NSW, 2164

4 Price Street, Wetherill Park, NSW, 2164

Properties / Sold / New South Wales / Wetherill Park
Tenanted Investment
Selling Method
Auction
Selling Details
Price on Request
Land Area
556 m² (*approx)
Floor Area
306 m² (*approx)
Property Type
Health/Medical, Other
Sub-type
Health Care & Medical
Terms
Renewed 5 year lease to 2027 plus 5 year option to 2032
Est. Income
$85,342 p/a
Fully Leased
Allied Health Care
Show All
Affordable Sydney Medical Investment in Proven Location Established 31+ Years
  • Renewed 5 year lease to 2027 + option
  • Greater of CPI or 3% rent reviews
  • Net Income: $84,062 pa + GST

Burgess Rawson is pleased to offer to the market Complete Allied Healthcare, Wetherill Park NSW for sale via our Investment Auction Portfolio 168.

+ Renewed 5 year lease to 2027 plus 5 year option to 2032

+ Attractive annual rent reviews to the greater of CPI or 3%, ensuring future income growth

+ The property is 100% leased to experienced medical operator Complete Allied Health Care, who currently have 18 locations and are continuing to expand throughout Australia

+ The location has operated as a physiotherapy practice for 31+ years

+ Quality 190sqm* healthcare clinic with 4 consulting/treatment rooms and two rehabilitation spaces, plus a 116sqm* first floor 3-bedroom apartment

+ Strategic location close to the Woolworths and Coles anchored Stockland Mall, which features over 5,600sqm and over 200 specialty stores

+ Conveniently positioned close to complementary ancillary medical tenants including Cardiology Australia and Fairfield Sports Podiatrist

+ Close to important social infrastructure, with Fairfield Hospital & Braeside Hospital situated adjacent the subject site, and 18 schools within a 3km radius

+ City of Fairfield: Current population of 210,000 people, and an economic output of $28.7b annually^

+ Western Sydney's population is expected to absorb more than two thirds of Sydney's population growth, reaching more than 3 million by 2031^^

+ Net Income: $84,062 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEST Wednesday 15 May 2024

Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

* Approx

^ remplan.com.au

^^ Western Sydney University

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

4 Price Street Investment Summary

Property Type
Health/Medical, Other
Sub-type
Health Care & Medical
Est. Income
$85,342 p/a
Tenant
Allied Health Care
Terms
Renewed 5 year lease to 2027 plus 5 year option to 2032
Land Area
556 m² (*approx)
Floor Area
306 m² (*approx)
Selling Method
Auction
Auction Date
15 May 2024 10:30AM
Selling Details
Price on Request

Investment Highlights

Affordable Sydney Medical Investment in Proven Location Established 31+ Years
  • Renewed 5 year lease to 2027 + option
  • Greater of CPI or 3% rent reviews
  • Net Income: $84,062 pa + GST

Burgess Rawson is pleased to offer to the market Complete Allied Healthcare, Wetherill Park NSW for sale via our Investment Auction Portfolio 168.

+ Renewed 5 year lease to 2027 plus 5 year option to 2032

+ Attractive annual rent reviews to the greater of CPI or 3%, ensuring future income growth

+ The property is 100% leased to experienced medical operator Complete Allied Health Care, who currently have 18 locations and are continuing to expand throughout Australia

+ The location has operated as a physiotherapy practice for 31+ years

+ Quality 190sqm* healthcare clinic with 4 consulting/treatment rooms and two rehabilitation spaces, plus a 116sqm* first floor 3-bedroom apartment

+ Strategic location close to the Woolworths and Coles anchored Stockland Mall, which features over 5,600sqm and over 200 specialty stores

+ Conveniently positioned close to complementary ancillary medical tenants including Cardiology Australia and Fairfield Sports Podiatrist

+ Close to important social infrastructure, with Fairfield Hospital & Braeside Hospital situated adjacent the subject site, and 18 schools within a 3km radius

+ City of Fairfield: Current population of 210,000 people, and an economic output of $28.7b annually^

+ Western Sydney's population is expected to absorb more than two thirds of Sydney's population growth, reaching more than 3 million by 2031^^

+ Net Income: $84,062 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEST Wednesday 15 May 2024

Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

* Approx

^ remplan.com.au

^^ Western Sydney University

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Property Location of 4 Price Street, Wetherill Park, NSW, 2164

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Wetherill Park Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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