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2. Property Highlights

BRAND NEW LONG WALE HEALTHCARE FACILITY
  • Brand new purpose built facility
  • 8.62 year** WALE, with options to 2043
  • Unique repositioning opportunity

CBRE and JLL are proud to exclusively present for sale 50 Montsalvat Drive, Greenfields. A single-level purpose-built healthcare facility anchored by Apollo Health and set to be operated by St John Urgent Care.

Constructed in 2022, the brand new facility is conveniently located within the immediate proximity of a number of health amenities including Peel Health Campus and Peel Surgical Centre.

The facility offers an unprecedented opportunity for repositioning with secure long-term income as well as excellent depreciation benefit with minimal capex required in the short to medium term.

Key Investment Information:

Address: 50 Montsalvat Drive, Greenfields WA

Net Lettable Area (NLA): 1,402m² *

Site Area: 3,260m² *

Local Government Area: City of Mandurah

Zoning: Urban Development

Tenant: Apollo Health (St John Urgent Care)

Net Income: $511,730 per annum + GST **

Term: 10 years commenced January 2023

Options: Two, 5 year options

Car Parking: 50 bays

*Approximately

**Approximately as at 1 October 2023

For Sale via Expressions of Interest (EOI) campaign Thursday 19th October 2023 at 2.00pm (AWST)/ 5:00pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Derek Barlow

Director, CBRE

+61 417 941 478

Lachlan Andrew

Associate, CBRE

+61 426 890 080

Simon Quinn

Senior Director, JLL

+61 409 261 276

Nigel Freshwater

Senior Director, JLL

+61 417 197 375

Thomas Thorsen

Senior Executive, JLL

+61 488 444 022

Remember to mention you found this property on CommercialReady

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3. Property Location

50 Montsalvat Drive, Greenfields, WA, 6210

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4. Due Diligence

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50 Montsalvat Drive, Greenfields, WA, 6210 Greenfields
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