BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Prime Lower North Shore Medical Investment | Net Lease to Key Health | Adjacent to Royal North Shore Hospital\nCBRE is pleased to offer to market Key Health\, St Leonards (Sydney) NSW for sale via our Investm ent Portfolio Auction 185.\n\nThis opportunity has the following key inve stment highlights:\n\n+ Five (5) year net lease to November 2028 plus one (1) further Five (5) year option to 2033.\n+ Key Health: established Syd ney GP group providing comprehensive primary care services across 7+ loca tions throughout Sydney\, including general practice\, women's health\, m ental health\, pediatrics\, skin cancer screening\, and in-house patholog y. (1)\n+ Fixed 3% annual rent reviews throughout the lease term\, provid ing compounding income growth.\n+ Net lease structure with all outgoings payable by the tenant\, as per lease.\n+ Well-appointed 311sqm* ground fl oor medical practice with a modern\, functional fit-out\, plus 2 valuable secure car spaces on title. \n+ Premium medical precinct location\, imme diately adjacent to Royal North Shore Hospital (RNSH) - one of NSW's larg est public teaching hospitals with 5\,000+ staff\, 600+ beds\, and a prim ary referral catchment serving over 1.1 million people. (2)\n+ Forum West is currently undergoing a $6 million capital works refurbishment nearing completion\, incl. 57 new professional suites\, upgraded amenities and e nd-of-trip facilities\, a modernised foyer\, and a $1 million lift upgrad e.\n+ Ideally positioned directly above St Leonards Station (Sydney Train s North Shore Line)\, and near the new Crows Nest Metro\, further strengt hening the precinct's already exceptional connectivity. (3)\n+ St Leonard s: thriving Lower North Shore suburb located just 5km* from the Sydney CB D\, anchored by one of Sydney's largest hospital and healthcare precincts \, with significant high-density residential growth underpinning long-ter m demand. \n+ Net Income: $147\,367 pa + GST\n\nTo be sold via Investment Portfolio Auction 10:30am AEST Tuesday 23 June 2026 at the Sydney Opera House.\n\n* Approx.\n1 Key Health\n2 Royal North Shore Hospital / Norther n Sydney Local Health District\n3 Key Health / Transport for NSW DTEND:20260623T113000 DTSTAMP:20260522T112221Z DTSTART:20260623T103000 LOCATION:Yallamundi Rooms\, Sydney Opera House SEQUENCE:0 SUMMARY:Auction: 2/205 Pacific Highway\, St Leonards NSW UID:CRE-2020863363-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Prime Lower North Shore Medical Inv estment | Net Lease to Key Health | Adjacent to Royal North Shore Hospita l
CBRE is pleased to offer to market Key Health\, St Leonards (Sydn ey) NSW for sale via our Investment Portfolio Auction 185.

T his opportunity has the following key investment highlights:

+ Five (5) year net lease to November 2028 plus one (1) further Five (5) year option to 2033.
+ Key Health: established Sydney GP group pro viding comprehensive primary care services across 7+ locations throughout Sydney\, including general practice\, women's health\, mental health\, p ediatrics\, skin cancer screening\, and in-house pathology. (1)
+ F ixed 3% annual rent reviews throughout the lease term\, providing compoun ding income growth.
+ Net lease structure with all outgoings payabl e by the tenant\, as per lease.
+ Well-appointed 311sqm* ground flo or medical practice with a modern\, functional fit-out\, plus 2 valuable secure car spaces on title.
+ Premium medical precinct location\, immediately adjacent to Royal North Shore Hospital (RNSH) - one of NSW's largest public teaching hospitals with 5\,000+ staff\, 600+ beds\, and a primary referral catchment serving over 1.1 million people. (2)
+ F orum West is currently undergoing a $6 million capital works refurbishmen t nearing completion\, incl. 57 new professional suites\, upgraded amenit ies and end-of-trip facilities\, a modernised foyer\, and a $1 million li ft upgrade.
+ Ideally positioned directly above St Leonards Station (Sydney Trains North Shore Line)\, and near the new Crows Nest Metro\, f urther strengthening the precinct's already exceptional connectivity. (3)
+ St Leonards: thriving Lower North Shore suburb located just 5km* from the Sydney CBD\, anchored by one of Sydney's largest hospital and h ealthcare precincts\, with significant high-density residential growth un derpinning long-term demand.
+ Net Income: $147\,367 pa + GST

To be sold via Investment Portfolio Auction 10:30am AEST Tuesday 23 June 2026 at the Sydney Opera House.

* Approx.
1 K ey Health
2 Royal North Shore Hospital / Northern Sydney Local Heal th District
3 Key Health / Transport for NSW

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