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

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

West Perth

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

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

Properties / Sold / Western Australia / West Perth
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Land Area
515 m² (*approx)
Floor Area
597 m² (*approx)
Property Type
Health/Medical, Offices, Retail
Sub-type
Health Care & Medical, Consulting Rooms, Office Suites, Full Floor Office, Mixed Use
Terms
Renewed 5 year lease to 2027 (tenant in occupation from 2013)
Est. Income
$246,768 p/a
Fully Leased
Sonic HealthPlus
Show All
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

*Approximately

**sonichealthplus.com.au

***sonichealthcare.com

****macrotrends.net

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

Lot 36/580 & 586 Newcastle Street Investment Summary

Property Type
Health/Medical, Offices, Retail
Sub-type
Health Care & Medical, Consulting Rooms, Office Suites, Full Floor Office, Mixed Use
Est. Income
$246,768 p/a
Tenant
Sonic HealthPlus
Terms
Renewed 5 year lease to 2027 (tenant in occupation from 2013)
Land Area
515 m² (*approx)
Floor Area
597 m² (*approx)
Selling Method
Auction
Selling Details
Contact Agent

Investment 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

*Approximately

**sonichealthplus.com.au

***sonichealthcare.com

****macrotrends.net

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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

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