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
Bus stops within 5 km of Cnr Peelwood Parade & Mahogany Drive, Halls Head, WA 6210 Distance Peelwood Pde After Binda Wy 33 m Peelwood Pde After Hibbertia Folw 114 m Peelwood Pde Before Boardwalk BVD 282 m Peelwood Pde After Boardwalk BVD 301 m Casuarina Dr Before Everlasting RTT 323 m POWERED BY HERE ©
POWERED BY HERE ©
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
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
External websites
Property ID: 504574780Last Updated: 7 Nov 2024
Cnr Peelwood Parade & Mahogany Drive
Halls Head, WA 6210
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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