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164 Forrest Parade
Rosebery NT 0832
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Knight Frank Brisbane

164 Forrest Parade Rosebery NT 0832

  • Medical / Consulting
  • 2,286 m²
  • For Sale, For sale by EOI closing 29 May 2024 at 4pm AEST

Dual-Anchored Medical & Quick-Service Retail Investment with Value-Add Potential

    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.

    Property Highlights

    Floor Area2,286 m²
    Land Area3,071 m²
    Parking30 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019209253
    Category
    Last updated  29 Apr 2024
    Map for 164 Forrest Parade Rosebery NT 0832

    Property Highlights

    Floor Area2,286 m²
    Land Area3,071 m²
    Parking30 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019209253
    Category
    Last updated  29 Apr 2024

    Co-Agents

    Sam Biggins
    Knight Frank Brisbane
    Call
    +61 410 979 075
    Matthew Knight
    Knight Frank - Northern Territory
    Call
    0413 058 020
    Peter McVann
    Knight Frank - Northern Territory
    Call
    0412 833 276

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