210 Wanneroo Road,
Madeley, WA 6065

Medical & Consulting • Offices • Shops & Retail

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RWC - WA

12-14 The Esplanade
PERTH, WA 6000

210 Wanneroo Road

Madeley, WA 6065

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Medical Centre 7 Tenancies Prominent Location

There is no better real estate asset class in 2020 than Medical & Health and this opportunity to buy a Health Centre of 40 years practice with 7 different health/medical tenancies on a major road stands out as a must buy.

Madeley Health is a long-established centre (approx 40 years) on Wanneroo Road with various tenants including a medical practice, pharmacy, optometrist, radiology centre, dentist, psychologist, and a physiotherapist.

Lettable Area: 1,479sqm comprising 5 strata units which is the whole of the strata development giving a buyer future flexibility.

The site of 4,289sqm has a prominent frontage to Wanneroo Road with 65 car bays.

Net Income of $591,136.91 spread over 7 tenancies with a WALE of approximately 4.25 years and all with solid fixed annual increases and all outgoings fully recovered.

For further information or to arrange an inspection please contact:

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 1...
E: brett.wilkins@raywhite.com

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 7...
E: stephen.harrison@raywhite.com

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Property ID: 503524030Last Updated: 6 Aug 2021

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RWC - WA

12-14 The Esplanade
PERTH, WA 6000