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120-122 Spencer Street
South Bunbury WA 6230
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JLL - Sydney

120-122 Spencer Street South Bunbury WA 6230

  • Medical / Consulting
  • 890 m²
  • For Sale, Expressions of Interest closing 19th October 2023

LONG WALE SOUTH BUNBURY MEDICAL PRACTICE

  • Located in WA’s largest regional centre
  • 7.80-year* WALE, with options to 2040
  • Leading national healthcare tenant

CBRE and JLL are proud to exclusively present for sale Forrest Family Practice, a long WALE, single level general practice medical centre 100% leased to ForHealth, a national healthcare service provider with a platform of more than 70 medical centres.

Boasting a long WALE of 7.80-years * offering significant income security, Forrest Family Practice is a rare opportunity to secure a strategically located, purpose built general practice medical centre and pharmacy which comprises 12 x consultation rooms operated by 12 doctors, with ancillary services including pathology, dietetics and pharmacy.

Key Investment Information:

Address: 120-122 Spencer Street, South Bunbury WA 6230
Net Lettable Area (NLA): 890m² *
Combined Site Area: 2,920m² *
Local Government Area: City of Bunbury
Zoning: Mixed Use Commercial
Tenant: ForHealth (trading as Forrest Family Practice)
Net Income: $532,677 per annum + GST**
Term: 10 years commenced July 2021
Options: Three, 3 year options
Car Parking: 59 bays

*Approximately
**Approximately as at 1 October 2023

Forrest Family Practice is for sale Expressions of Interest (EOI) closing Thursday 19th October 2023 at 2.00pm (AWST)/ 5:00pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Derek Barlow
Director, CBRE
+61 417 941 478

Lachlan Andrew
Associate, CBRE
+61 426 890 080

Simon Quinn
Senior Director, JLL
+61 409 261 276

Nigel Freshwater
Senior Director, JLL
+61 417 197 375

Thomas Thorsen
Senior Executive, JLL
+61 488 444 022

Property Highlights

Floor Area890 m²
Land Area2,920 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018775386
Category
Last updated  18 Sep 2023
Map for 120-122 Spencer Street South Bunbury WA 6230

Property Highlights

Floor Area890 m²
Land Area2,920 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018775386
Category
Last updated  18 Sep 2023
Level 27 180 George Street Sydney NSW 2000
Simon Quinn
Simon Quinn
JLL - Sydney
Derek Barlow
Derek Barlow
CBRE Perth
Lachlan Andrew
Lachlan Andrew
CBRE Perth

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