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Cnr Peelwood Parade & Mahogany Drive Halls Head, WA 6210

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Cnr Peelwood Parade & Mahogany Drive,
Halls Head, WA 6210

Medical & Consulting • Shops & Retail • Offices

Price information

Sale - Expression of Interest

UNDER OFFER

Under Contract

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,383,638
Number of Tenants
3 Tenants

Private inspections

to arrange a private inspection.

Map of Cnr Peelwood Parade & Mahogany Drive

Directions
  • Bus stops within 5 km of Cnr Peelwood Parade & Mahogany Drive, Halls Head, WA 6210Distance
    Peelwood Pde After Binda Wy33 m
    Peelwood Pde After Hibbertia Folw114 m
    Peelwood Pde Before Boardwalk BVD282 m
    Peelwood Pde After Boardwalk BVD301 m
    Casuarina Dr Before Everlasting RTT323 m
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Halls Head Medical Centre - Outstanding, secure investment opportunity

RWC WA & JLL as Exclusive Selling Agents on behalf of RAM are delighted to offer to the market Halls Head Medical Centre for sale by Expressions of Interest (EOI).

Healthcare real estate has evolved into a major emerging asset class with institutional appeal underpinned by its non-cyclical income stream, increasing demand supported by a higher life expectancy and an ageing population in Australia. Additionally, significant government investment and the growth of the Private Health Insurance sector has boosted healthcare expenditure to new heights.

Salient details:
Halls Head Medical Centre: 1, 3 & 5 Peelwood Parade, 66 Mahogany Drive, 1&2/70 Mahogany Drive and 1 Elderberry Circle, Halls Head WA 6210.

Halls Head Medical Centre is positioned in the coastal suburb of Halls Head, some 75km* south of Perth's vibrant Central Business District (CBD). Positioned nearby to an abundance of local amenity and opposite Halls Head Central Shopping Centre and Halls Head Shopping Mall, the Medical Centre offers a complimentary mix of healthcare services. Anchoring the income, Modern Medical Clinics has serviced the local catchment for 20+ years and is well established within the broader area.

• Fully leased medical centre with WALE by Area of 6.88 years
• Underpinned by a highly reputable medical centre operator with 80+ locations nationwide
• Seven specialist medical buildings over seven lots, NLA 1,871m²* and 5,957m²* site with three street frontages
• Diversified income stream leased to Modern Medical Clinics, Clinipath Pathology (subsidiary of ASX listed Sonic Healthcare) and Pharmacy
• All tenants have two 5 year options further underpinning lease security
• Net passing income $1,383,638pa*

*Approx

Additional information

Property ID: 504574780Last Updated: 7 Nov 2024

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Cnr Peelwood Parade & Mahogany Drive
Halls Head, WA 6210

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