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14 King Street
Murwillumbah NSW 2484
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14 King Street Murwillumbah NSW 2484

  • Medical / Consulting
  • 716 m²
  • For Sale, Price on Request

High Performing Freestanding Medical Investment | Longstanding Tenant of 40+ Years

    Burgess Rawson is pleased to offer to the market 14 King Street, Murwillumbah (Northern Rivers) NSW for sale via Expressions of Interest.

    This opportunity has the following investment highlights:

    + Anchored by a 5 year lease to King Street Medical Centre & a 3 year lease to ASX-listed Sonic Healthcare
    + Supported by landlord favourable leases to Mapp & Hession Pharmacy, Club Active Gym & Rightfoot Podiatry
    + King Street Medical Centre: multidisciplinary medical experts servicing the Murwillumbah and Northern NSW region for 40+ years^
    + Sonic Healthcare (ASX: SHL): internationally renowned healthcare provider with specialist operations in laboratory medicine/pathology, radiology, general practice medicine and corporate medical services, with a market cap of $12.72 billion^^
    + Mapp & Hession Pharmacy: established pharmacy with an impressive 40+ year occupancy & awards for best small business in the Tweed Shire and the prestigious Australian Pharmacy of the year
    + Landlord favourable annual CPI reviews with ratchet provisions
    + Long established 716sqm* two-storey medical facility with a valuable 11 designated on-site car spaces
    + Expansive 1,051sqm* freehold site with desirable 'Mixed Use' (MU1) zoning, allowing for a multitude of future re-development opportunities (STCA)
    + Strategic CBD landholding located directly opposite the Coles & Harvey Norman anchored Sunnyside Mall, and only 1.5km* from Murwillumbah District Hospital
    + Tweed Shire Council: rapidly growing region, with a population forecast to grow 31.6% to 131,489 by 2041 & an economy dominated by healthcare & social assistance, accounting for approximately 20% of total employment##
    + Estimated Net Income: $282,381 pa* + GST

    For Sale via Expressions of Interest
    Closing 3pm AEST Wednesday 22 May 2024

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.
    ^ksmc.com.au
    ^^sonichealthcare.com
    #profile.id
    ##economy.id

    Property Highlights

    Floor Area716 m²
    Land Area1,045 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019189008
    Category
    Last updated  17 May 2024
    Map for 14 King Street Murwillumbah NSW 2484

    Nearest transport* to 14 King Street Murwillumbah NSW 2484

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    Property Highlights

    Floor Area716 m²
    Land Area1,045 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019189008
    Category
    Last updated  17 May 2024
    Level 12/127 Creek St Brisbane City QLD 4000

    More Medical / Consulting for Sale in Murwillumbah NSW

    For SalePrice on Request
    14 king street,murwillumbah, NSW 2484
    716 m²
    Medical / Consulting