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210 , Wanneroo Road, MADELEY, WA


Expressions of Interest

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Medical Centre &x96 7 Tenancies &x96 Prominent Location


Property Features
  • Category : Offices, Retail, Medical/Consulting
  • Land Area: 4289 Square Metres
  • Building Area: 1479 Square Metres
  • Tenancy: Tenanted

Property Description

There is no better real estate asset class in 2020 than Medical Health and this opportunity to buy a Health Centre of 40 years practice with 7 different health/medical tenancies on a major road stands out as a must buy.

Madeley Health is a long-established centre (approx 40 years) on Wanneroo Road with various tenants including a medical practice, pharmacy, optometrist, radiology centre, dentist, psychologist, and a physiotherapist.

Lettable Area: 1,479sqm comprising 5 strata units which is the whole of the strata development giving a buyer future flexibility.

The site of 4,289sqm has a prominent frontage to Wanneroo Road with 65 car bays.

Net Income of $591,136.91 spread over 7 tenancies with a WALE of approximately 4.25 years and all with solid fixed annual increases and all outgoings fully recovered.

Expressions of Interest closing, Wednesday 20 May 2020 5pm (AWST)

For further information or to arrange an inspection please contact:

Brett Wilkins
[Phone Number Censored]
[Email Censored]

Property Agent

Advert Id:85149

Name: Brett Wilkins

Phone: 0478 6 ****

Ray White Commercial Wa
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