Share this property

realcommercial.com.au
Sterling Property Co

59 Hamersley Road Subiaco, WA 6008

Directions

59 Hamersley Road,
Subiaco, WA 6008

Medical & Consulting • Offices

Price information

Sold

$2,597,500

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Sold on

Map of 59 Hamersley Road

Directions

Expressions of Interest | Fully Leased Dental Practice

  • Leased Medical Investment
  • Secure income
  • Strong lease covenant - BUPA Dental
As Joint Exclusive Agents with The Health Linc, we are pleased to offer For Sale 59 Hamersley Road, Subiaco.

This is a fantastic opportunity to purchase a fully leased medical property in the heart of Subiaco.

Key Details:
- Long standing medical tenant (BUPA)
- Total building area 300sqm*
- Total land area: 973sqm*
- Up to 14 onsite car bays
- Excellent connectivity to public transport routes and various road networks
- Near One Subiaco by Blackburne, the regeneration of the Pavilion Markets site
- Easy walking distance to Kings Park

Permitted Use:
'Dental Practice” under the City of Subiaco.

The City of Subiaco recently endorsed the new Local Planning Scheme No.5 (LPS5).

Location:
Situated in an affluent inner metropolitan suburb only 3km west of the Perth CBD, the property is located on the southern side of Hamersley Road on the corner of Townshend Road.

The property benefits from dual street frontages and ROW access to parking and is close to the Subi East development project area that includes Subiaco Oval, Bob Hawke College, Mueller Park, the former Princess Margaret Hospital site.

The property is occupied by a strong lease covenant (BUPA Dental Corporation) and is within close proximity to Subiaco Train Station, Subiaco Square and major transport routes and amenities.

Current Lease Particulars:
Lessee: DC Holdings WA Pty Ltd (BUPA)
Lease Term: 10 years
Lease Expiry: 27th March 2024
Option: 2 x 5 year options
Current Net Income: $155,000 pa + GST
Rent Reviews: Fixed CPI annual increases. Market review at option.
Outgoings: Payable by the Lessee

For Sale By:
Expressions Of Interest

Price Guide
$2,500,000 (Going Concern)

To arrange an inspection or obtain an Information Memorandum please contact Exclusive Selling Agents Brian Neo on 0411 868 4... or Brad Potter on 0411 185 006.

*approx

Explore property virtually

Video

Property ID: 503527082Last Updated: 20 Jun 2023

Sterling Property Co

Suite 6, 388 Hay Street
SUBIACO, WA 6008
04118684...
Sterling Property Co
59 Hamersley Road
Subiaco, WA 6008
Sterling Property Co
Suite 6, 388 Hay Street
SUBIACO, WA 6008

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Sterling Property Co

Other properties you might be interested in based on the location and property type you are looking at.