BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Trophy Sydney Dental & Healthcare Centre | Anchored by Brand-N ew 10 Year Net Lease\nCBRE is pleased to offer to the market 394 Sydney R oad\, Balgowlah (Manly) NSW\, a trophy Sydney dental and healthcare freeh old anchored by The Smile Office and Beachside Orthodontics\, for sale by Investment Portfolio Auction.\n\nThe property has the following key inve stment highlights:\n\n+ Multi-faceted freehold dental centre underpinned by a long 7.3-year WALE (by income)\n+ Anchored by brand-new 10 year net lease the Smile Office to December 2035 with 2 further 5 year options to 2045 (30+ years on-site)\n+ The Smile Office: established dental centre o wned by Health Crest\, longstanding 30+ year occupancy\n+ 8 year lease to Beachside Orthodontics to 2030 plus 4 years option to 2034 (20+ years on -site)\n+ Beachside Orthodontics: high performing orthodontist practice w ith 14 staff & a premium dental-grade fit-out\n+ Highly defensive net lea ses with tenants responsible for 100% of outgoings including Land Tax\n+ Guaranteed compounding rental growth with annual reviews to the greater o f 4% or CPI\n+ Significant tenant capital expenditure and investment with premium dental-grade fit-outs across both levels\n+ Key 460sqm* Sydney R oad landholding with a prominent 15m* street frontage\n+ Strategically lo cated adjacent to the Coles-anchored Balgowlah Village Shopping Centre\, complemented by Bunnings and the Sydney Road Medical Practice\n+ Balgowla h: tightly held and affluent Northern Beaches location\, 4 minutes to Man ly Beach with a median house price of $3.7m*\, while 10km* to Sydney CBD\ n+ Northern Beaches Council: population of 272\,656\, Gross Regional Prod uct of $22.61 billion and Healthcare as the largest employing sector\n+ N et Income: $377\,497 pa* + GST\n\nTo be sold by Investment Portfolio Auct ion 10:30am (AEST) Tuesday 23 June 2026\, Yallamundi Rooms\, Sydney Opera House.\n\n*Approximate DTEND:20260623T113000 DTSTAMP:20260521T070604Z DTSTART:20260623T103000 LOCATION:Yallamundi Rooms\, Sydney Opera House SEQUENCE:0 SUMMARY:Auction: 394 Sydney Road\, Balgowlah NSW UID:CRE-2020860307-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Trophy Sydney Dental & Healthcare C entre | Anchored by Brand-New 10 Year Net Lease
CBRE is pleased to offer to the market 394 Sydney Road\, Balgowlah (Manly) NSW\, a trophy Sy dney dental and healthcare freehold anchored by The Smile Office and Beac hside Orthodontics\, for sale by Investment Portfolio Auction.

The property has the following key investment highlights:

+ Multi-faceted freehold dental centre underpinned by a long 7.3-year WA LE (by income)
+ Anchored by brand-new 10 year net lease the Smile Office to December 2035 with 2 further 5 year options to 2045 (30+ years on-site)
+ The Smile Office: established dental centre owned by Hea lth Crest\, longstanding 30+ year occupancy
+ 8 year lease to Beach side Orthodontics to 2030 plus 4 years option to 2034 (20+ years on-site)
+ Beachside Orthodontics: high performing orthodontist practice wi th 14 staff & a premium dental-grade fit-out
+ Highly defensive net leases with tenants responsible for 100% of outgoings including Land Tax
+ Guaranteed compounding rental growth with annual reviews to the greater of 4% or CPI
+ Significant tenant capital expenditure and i nvestment with premium dental-grade fit-outs across both levels
+ K ey 460sqm* Sydney Road landholding with a prominent 15m* street frontage
+ Strategically located adjacent to the Coles-anchored Balgowlah Vi llage Shopping Centre\, complemented by Bunnings and the Sydney Road Medi cal Practice
+ Balgowlah: tightly held and affluent Northern Beache s location\, 4 minutes to Manly Beach with a median house price of $3.7m* \, while 10km* to Sydney CBD
+ Northern Beaches Council: population of 272\,656\, Gross Regional Product of $22.61 billion and Healthcare as the largest employing sector
+ Net Income: $377\,497 pa* + GST

To be sold by Investment Portfolio Auction 10:30am (AEST) Tuesd ay 23 June 2026\, Yallamundi Rooms\, Sydney Opera House.

*Ap proximate

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