23 Old Great Northern Highway,
Midland, WA 6056
Medical & Consulting • Offices
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Map of 23 Old Great Northern Highway
LEASED INVESTMENT - St John of God
- LEASED INVESTMENT
Income Producing Asset.
Located in what is known as Midland's 'West End', this property offers a distinct advantage with strength of the covenant and also the associated uses for the site.
This is a stand alone building offers convenience with a flexible work space, being just a short walk to the Midland Train Station and Midland free Bus shuttle network
CURRENT TENANT
Midland Head to Health
This is a government initiative pilot program which is being run by St John of God Outreach Services (*SJOG)
Current term expires 30 June 2028
There are Five further option of 1 years each.
Current Rent $81,272.00 PA plus Outgoings & GST
Annual Rent Reviews:
1st Sept each until September 2027
1st July each year from 2028
Land approx. 1,009 sqm
Building approx. 625 sqm (base building)
The lease also contain a covenant that WAPHA (WA Primary Health Alliance) can take over the lease and property should SJOG not continue to run the program.
WA Primary Health Alliance is part of the Australian Government’s National Primary Health Network (PHN) program
For full details regarding this site including 3D Tours and Information Memorandum (IM) please contact Cambell Giles.
SALES CONTRACT
This property is offered via Set Date Sale - Closing 22 March 2023 at 2pm AWST
All Offer will be presented to the Board at the same time
Located in what is known as Midland's 'West End', this property offers a distinct advantage with strength of the covenant and also the associated uses for the site.
This is a stand alone building offers convenience with a flexible work space, being just a short walk to the Midland Train Station and Midland free Bus shuttle network
CURRENT TENANT
Midland Head to Health
This is a government initiative pilot program which is being run by St John of God Outreach Services (*SJOG)
Current term expires 30 June 2028
There are Five further option of 1 years each.
Current Rent $81,272.00 PA plus Outgoings & GST
Annual Rent Reviews:
1st Sept each until September 2027
1st July each year from 2028
Land approx. 1,009 sqm
Building approx. 625 sqm (base building)
The lease also contain a covenant that WAPHA (WA Primary Health Alliance) can take over the lease and property should SJOG not continue to run the program.
WA Primary Health Alliance is part of the Australian Government’s National Primary Health Network (PHN) program
For full details regarding this site including 3D Tours and Information Memorandum (IM) please contact Cambell Giles.
SALES CONTRACT
This property is offered via Set Date Sale - Closing 22 March 2023 at 2pm AWST
All Offer will be presented to the Board at the same time
Property ID: 504261620Last Updated: 24 May 2023
Realmark - Commercial
658 Newcastle StreetLEEDERVILLE, WA 6007
04189365...
23 Old Great Northern Highway
Midland, WA 6056
Realmark - Commercial658 Newcastle Street
LEEDERVILLE, WA 6007
LEEDERVILLE, WA 6007
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7 Padbury Terrace,Midland, WA 6056 280 m²Medical & Consulting • Offices • Development Sites & Land