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Lot 36/580 & 586 Newcastle Street
West Perth WA 6005
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Sold on 29 Mar 2023

Lot 36/580 & 586 Newcastle Street West Perth WA 6005

  • Medical / Consulting
  • 597 m²
  • Sold

ASX Listed Inner City Medical Investment

Burgess Rawson is pleased to present Sonic HealthPlus, West Perth to the market for sale via Private Treaty.

The investment has the following key investment highlights:

+ Renewed 5 year lease to September 2027 (tenant in occupation from 2013)
+ Sonic HealthPlus: wholly owned subsidiary of ASX listed Sonic Healthcare Limited (ASX:SHL), a world leading healthcare provider with a $15.62 billion market cap. Sonic Healthplus specialise in occupation healthcare and general medical services**
+ Sonic Healthcare Limited is a global healthcare company headquartered in Sydney operating in 8 countries across 400 laboratories employing 30,000 employees. Sonic Healthcare is a leading provider of medical diagnostics services, offering a broad range of laboratory and pathology testing services to patients and healthcare providers worldwide***
+ Favourable annual rent reviews to the greater of CPI or fixed 2.5% & 3%
+ Single tenant medical investment with Sonic HealthPlus responsible for all outgoings (including land tax, R&M's and property management)
+ Rarely offered, landlord favourable medical investment
+ Strategic Perth CBD medical position. Ideally located 2km* to Subiaco Hospital and 3km* to Royal Perth Hospital on a major thoroughfare with dedicated on-site parking for customers and staff
+ West Perth: vibrant and dynamic inner CBD suburb of Perth, with a greater population of 2,118,000+ people****
+ Net Income: $246,768 pa* + GST

To be sold via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information

*Approximately
**sonichealthplus.com.au
***sonichealthcare.com
****macrotrends.net

Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold29 Mar 2023
Floor Area597 m²
Land Area515 m²
ParkingAsk Agent
Property ID2018388188
Category
Last updated  30 Mar 2023
Map for Lot 36/580 & 586 Newcastle Street West Perth WA 6005

Nearest transport* to Lot 36/580 & 586 Newcastle Street West Perth WA 6005

Bus
Train
Newcastle St After Cleaver St51 m
Cleaver St After Carr St178 m
Cleaver St After Kingston Av185 m
Newcastle St Before Loftus St193 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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nbn® Fibre to the Premises (FTTP) is available in this property
Max wholesale speed tier available: nbn® Fibre to the Premises
Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold29 Mar 2023
Floor Area597 m²
Land Area515 m²
ParkingAsk Agent
Property ID2018388188
Category
Last updated  30 Mar 2023

Co-Agents

Yosh Mendis
Yosh Mendis
Burgess Rawson Sydney
Call
0434 413 188
Geoff Sinclair
Geoff Sinclair
Burgess Rawson Sydney
Call
0451 462 759

More about Lot 36/580 & 586 Newcastle Street West Perth WA 6005

Lot 36/580 & 586 Newcastle Street West Perth WA 6005 is categorized as Medical & Consulting Property. It has a floor area of 597 m² and a land area of 515 m². The listing ID for this property is 2018388188.

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