CBRE Metropolitan investments are thrilled to offer 2022’s first medical leased investment in premium beachside suburb of Adelaide, South Brighton. The property benefits from a brand-new lease to an ASX-Listed tenant in IPN Medical Centres a subsidiary of Sonic Healthcare.

Utilised a fully functional medical centre ‘Kingston Family Clinic’ the property offers a range of services including treatments for Skin Cancer, Aged Care/Seniors Health and Mental Health.

We further highlight the below investment criteria for your review:

- Prominent corner site of 1850sqm*
- 542sqm NLA
- Net rental of $214,249 (includes an allowance for single holding Land Tax)
- Leased to IPN Medical Centres subsidiary of ASX-Listed Sonic Healthcare Ltd
- Brand new 4-year lease to 31 December 2025 with 4 year option to renew
- Suburban Activity Centre zone
- CPI + 0.5% annual increases
- Lessee pays all outgoings excluding Land Tax and items of structural/capital nature

For sale via Public Auction 17th March onsite at 11:00am

Please contact the sole marketing agents with any other questions:
Mitch Curnow: +61 415 494 0...
Harry Einarson: +61 421 747 4...