Daws Road Medical Centre, 135-139 Daws Road,
St Marys, SA 5042
Medical & Consulting • Offices • Shops & Retail
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Knight Frank - Adelaide (RLA 199257)
Level 29, 91 King William StreetADELAIDE, SA 5000
Daws Road Medical Centre, 135-139 Daws Road
St Marys, SA 5042
Map of Daws Road Medical Centre, 135-139 Daws Road
Impressive Medical Centre in Booming Metro Adelaide Location
- Fully occupied with 5.2 year WALE
- Annual CPI and fixed 3% increases
- 45% of year 1 rent potentially tax free
Burgess Rawson and Knight Frank Adelaide are pleased to offer to the market, a fully occupied medical centre in St Marys (Adelaide) SA for sale via Private Treaty.
This investment has the following key investment highlights:
+ Fully occupied medical centre in booming metro Adelaide location with secure 5.2 year WALE.
+ Centre incorporates general practice, Sonic Healthcare pathology, physiotherapy and dietics.
+ 40% of income secured by Daws Road Medical Centre with long 10 year lease to 2031 plus options.
+ Guaranteed rental growth with annual CPI and fixed 3% increases.
+ Two immaculate buildings totalling 755sqm* over two levels with brand new passenger lift.
+ Significant depreciation benefits with 45% of year 1 rent potentially tax free.**
+ Strategically positioned nearby Repat Health Precinct and multiple retirement villages.
+ Prime 1,835sqm* freehold site with 45 metre frontage and exposure to busy Daws Road.
+ Important 28 sealed and lined car spaces on-title.
+ High profile position nearby intersection of South Road, with 25,040 vehicles passing daily.***
+ Healthcare represents a huge 36% of total employment in the City of Mitcham.****
+ No stamp duty payable.
+ St Marys: 9km from Adelaide CBD with median house price up 51% over past 24 months.*****
+ Net Income: $247,736pa* + GST
* Approx
** J Mathew Advisory
*** Remplan
**** GapMaps
**** Realestate.com.au
This investment has the following key investment highlights:
+ Fully occupied medical centre in booming metro Adelaide location with secure 5.2 year WALE.
+ Centre incorporates general practice, Sonic Healthcare pathology, physiotherapy and dietics.
+ 40% of income secured by Daws Road Medical Centre with long 10 year lease to 2031 plus options.
+ Guaranteed rental growth with annual CPI and fixed 3% increases.
+ Two immaculate buildings totalling 755sqm* over two levels with brand new passenger lift.
+ Significant depreciation benefits with 45% of year 1 rent potentially tax free.**
+ Strategically positioned nearby Repat Health Precinct and multiple retirement villages.
+ Prime 1,835sqm* freehold site with 45 metre frontage and exposure to busy Daws Road.
+ Important 28 sealed and lined car spaces on-title.
+ High profile position nearby intersection of South Road, with 25,040 vehicles passing daily.***
+ Healthcare represents a huge 36% of total employment in the City of Mitcham.****
+ No stamp duty payable.
+ St Marys: 9km from Adelaide CBD with median house price up 51% over past 24 months.*****
+ Net Income: $247,736pa* + GST
* Approx
** J Mathew Advisory
*** Remplan
**** GapMaps
**** Realestate.com.au
Property ID: 504267256Last Updated: 7 Feb 2024
Knight Frank - Adelaide (RLA 199257)Level 29, 91 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Contact Agency
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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