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351 Fowler Road
Illawong NSW 2234
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Sold on 4 Oct 2022

351 Fowler Road Illawong NSW 2234

  • Medical / Consulting
  • 1 m²
  • Sold

Premium Aged Care Portfolio Investment

  • 3 Social Infrastructure Investments
  • New 15 Year Leases
  • Rents From $505K to $1.28M

Savills and Amicum are delighted to offer for sale 351 Fowler Road, Illawong NSW as part of the Heritage Care Freeholds Portfolio.

The property presents a strategically located social infrastructure investment with a new 15-year lease to a long-term operator.

Key attributes of the property include:

Beds: 64
Lease: 15 + 10 + 10 years
Net Rental: $505,326pa*
Land Area: 6,677sqm*

Properties also being offered as part of the portfolio are:

325 Canterbury Road, Bayswater North VIC
Beds: 121
Lease: 15 + 10 + 10 years
Net Rental: $1,284,164pa*
Land Area: 12,480sqm*

7 Campbell Street, Queanbeyan NSW
Beds: 118
Lease: 15 + 10 + 10 years
Net Rental: $931,695pa*
Land Area: 6,480sqm*

*Approximate

Highlights of this premium aged care portfolio include:

3 high quality facilities leased out to Heritage Care a leading privately owned aged care services provider with 11 locations across New South Wales & Victoria
Strong lease security with new long-term leases
All properties are land tax exempt
Significant landholdings underpinning the value of the assets
An opportunity to secure three strategically located social infrastructure investments

SOLD

For further information please contact:

Savills NSW
Nick Lower - 0414 259 494

Savills VIC
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Amicum
John Newman - 0418 313 523
Glen O'Brien - 0431 602 978

Property Highlights

Date Sold4 Oct 2022
Floor Area1 m²
Land Area6,677 m²
ParkingOn site parking available
Property ID2017945120
Category
Last updated  8 Dec 2023
Map for 351 Fowler Road Illawong NSW 2234

Nearest transport* to 351 Fowler Road Illawong NSW 2234

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Property Highlights

Date Sold4 Oct 2022
Floor Area1 m²
Land Area6,677 m²
ParkingOn site parking available
Property ID2017945120
Category
Last updated  8 Dec 2023
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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