164 Forrest Parade Rosebery NT 0832

Knight Frank are pleased to present for sale by Expressions of Interest the Rosebery Convenience & Medical Centre, located at 164 Forrest Parade in Darwin's Palmerston precinct.

The Rosebery Convenience & Medical Centre is prominently positioned on a corner site with access from both Forrest Parade and Haydon Street.

This dual-anchored asset offers a diversified tenancy profile comprising medical, dental, allied health and quick service retail tenants. The key investment highlights include:

• Dual-anchored by Top end Medical Services with a 9-room GP Clinic and United Petroleum service station / QSR
• Additional tenants include 6-chair Dental Clinic, Physiotherapist
• Opportunity to add value through leasing balance vacant retail premises
• Estimated Fully Leased Net Income is $826,839 p.a. + GST*
• 2,286.4 sqm* NLA
• 1.97 year WALE (by income)
• 30 Carparks

* Approx.

Rosebery Convenience & Medical Centre is offered as part of a 2-asset medical portfolio sale.

Expressions of Interest close at 4pm AEST on Wednesday, 29th May 2024 and bids will be accepted on individual assets or a portfolio basis.

For further information please contact the exclusive marketing agents at Knight Frank.