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Knight Frank - Newcastle

110 Lang Street Kurri Kurri, NSW 2327

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110 Lang Street,
Kurri Kurri, NSW 2327

Medical & Consulting • Other

Price information

Sale - Auction

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Knight Frank - Newcastle
Brent Sinclair

Knight Frank - Newcastle

Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
04070272...
Knight Frank - Newcastle
110 Lang Street
Kurri Kurri, NSW 2327

Map of 110 Lang Street

Directions
  • Bus stops within 5 km of 110 Lang Street, Kurri Kurri, NSW 2327Distance
    Kurri Kurri Fire Station, Lang St95 m
    Barton St Before Victoria St183 m
    Barton St at Victoria St213 m
    Victoria St at Rawson St254 m
    Lang St at Stanford St318 m
    POWERED BY HERE ©
POWERED BY HERE ©

Freehold medical centre investment

  • New 5-year lease with options to 2038
  • $193,545 net p.a from September 2025
  • Located in high growth area
Knight Frank is pleased to present 110 Lang Street, Kurri Kurri, to the market For Sale by Auction.

The Property presents a unique investment opportunity featuring a fully leased, purpose built medical centre operated by one of Australia's largest corporate medical and dental centre providers.

Key Features:
- The property boasts a 5-year lease term with options extending to 2038
- Leased to a subsidiary of ForHealth, a corporate operator with 70+ locations across Australia
- Net rental income of $193,545 per annum (excluding GST) from September 2025
- Favourable fixed 3.5% annual rental increases, provide stability and growth
- The property features a modern Torrens tile building with a quality fit-out and on-site parking
- Conveniently situated near the town centre, with easy access to public transport
- Kurri Kurri has experienced a remarkable 35% population growth from 2020 to 2023^

The auction will be held on Thursday, 5 September at 11am (AEST), hosted at the Quest Newcastle West Conference Room.

For further information or to arrange an inspection, please contact the listing agent.

*Approximate
^Source: ABS

Property ID: 504648788Last Updated: 30 Aug 2024

Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302

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