Cushman & Wakefield is pleased to present to the market 76 Showground Road, Castle Hill (Sydney) for Sale via Offers to Purchase.
The property has the following key characteristics:
- New 10 year lease to 2030 + options to 2040
- The Centre for Gastrointestinal Health - Specialist Gastrointestinal Health Centre with multiple medical centres across Sydney & growing. Proven specialist centre & operator with 16+ years industry experience
- Prime main road location along busy Showground Road & direct thoroughfare to Castle Hill CBD
- Newly renovated medical facility completed in 2019 offering depreciation benefits
- Strategic location only minutes to Castle Towers Shopping Centre & associated medical practices including Castle Hill Specialist Medical Centre, Hills Dentistry & Sivanna Health
- Lease secured by 6 month bank & director guarantee
- Substantial future development upside and re-zoning potential (STCA)
- Tenant pays 100% of outgoings including Land Tax
- Castle Hill - North west suburb of Sydney located 30 kms from the CBD
- Fixed 3% annual rent increases
- Net Income $200,000 pa + GST
For more information please contact the exclusive property professionals at Cushman & Wakefield.
