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Lot 36/580 & 586 Newcastle Street, WEST PERTH, WA, 6005

2. Property Highlights

ASX Listed Inner City Medical Investment
  • Subsidiary of Sonic Healthcare Limited
  • Renewed 5 Year Lease
  • Net Income $246,768 pa* + GST

Burgess Rawson is pleased to present Sonic HealthPlus, West Perth to the market for sale via Private Treaty.

The investment has the following key investment highlights:

+ Renewed 5 year lease to September 2027 (tenant in occupation from 2013)

+ Sonic HealthPlus: wholly owned subsidiary of ASX listed Sonic Healthcare Limited (ASX:SHL), a world leading healthcare provider with a $15.62 billion market cap. Sonic Healthplus specialise in occupation healthcare and general medical services**

+ Sonic Healthcare Limited is a global healthcare company headquartered in Sydney operating in 8 countries across 400 laboratories employing 30,000 employees. Sonic Healthcare is a leading provider of medical diagnostics services, offering a broad range of laboratory and pathology testing services to patients and healthcare providers worldwide***

+ Favourable annual rent reviews to the greater of CPI or fixed 2.5% & 3%

+ Single tenant medical investment with Sonic HealthPlus responsible for all outgoings (including land tax, R&M’s and property management)

+ Rarely offered, landlord favourable medical investment

+ Strategic Perth CBD medical position. Ideally located 2km* to Subiaco Hospital and 3km* to Royal Perth Hospital on a major thoroughfare with dedicated on-site parking for customers and staff

+ West Perth: vibrant and dynamic inner CBD suburb of Perth, with a greater population of 2,118,000+ people****

+ Net Income: $246,768 pa* + GST

To be sold via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information





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3. Property Location

Lot 36/580 & 586 Newcastle Street, WEST PERTH, WA, 6005

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4. Due Diligence

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Lot 36/580 & 586 Newcastle Street, WEST PERTH, WA, 6005 West Perth
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