CBRE, in conjunction with Ray White, are pleased to present Woonona Medical to the market. This superb freehold medical office building is located 10km* north of Wollongong CBD and is favourably positioned amongst a mix of large format retailers.
Key Investment Highlights:
Net income of $527,566* p.a with a WALE of 3.71 years
Freehold medical building with GFA of 1,511sqm*
100% leased investment anchored by Woonona Medical Practice & global giant Sonic Healthcare
At-grade parking for 60 cars
Expansive freehold site: 3,631sqm
Thriving regional location with current vacancy rate below 1%
Prime location close to IGA, Woolworths, Woonona Public School, train and beaches
Located in high performing Illawarra region servicing a population in excess of 200,000
Woonona Medical will be sold by way of Expressions of Interest closing on Thursday, 2 April 2020 at 4PM.