CBRE is proud to exclusively present for sale 275 Wanneroo Road in Balcatta, a two-story, purpose-built Medical Centre anchored by Western Radiology.
Constructed in 2024/25, the facility is a purpose-built medical centre currently offering Radiology, General Practice, Pharmacy, and Physiotherapy, with space to add more complementary services. The facility was constructed with exceptional patient care in mind, ensuring excellent patient experiences.
275 Wanneroo Road is located in Balcatta, a 15-minute drive north of the Perth CBD. A demographic analysis of the local area reveals the centre has a surrounding population of more than 385,000 people within a 5km radius:
- Population density of 2,430 people per square kilometres
- Average weekly household income of $2,015
- 57% of the population are over the age of 40
- 56% couples with children
Key Investment Information:
Address: 275 Wanneroo Rd, Balcatta
Net Lettable Area (NLA): 1,558sqm*
Site Area: 2,697sqm*
Local Government Area: City of Stirling
Zoning: Special use S26. S26 permits Medical Centre and Convenience Store.
Tenants: Western Radiology, Move Steady Physio and Balcatta General Practice
Occupancy: 64% occupied
Passing Rent: $385,771 per annum +GST*
Estimated Fully Leased Rent: $588,074 per annum +GST**
Car Parking: 49 bays (1 bay per 31sqm of lettable area) + abundant street parking
*Approx
**Estimated
Demographics sourced from Pathzz Analytics.