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102/156 Military Road
Neutral Bay NSW 2089
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Sold on 19 Jun 2023

102/156 Military Road Neutral Bay NSW 2089

  • Medical / Consulting
  • 250 m²
  • Sold

Established Medical Investment in Sydney's Lower North Shore

    Burgess Rawson is pleased to present 102/156 Military Road, Neutral Bay NSW to the market for sale via our Investment Portfolio Auction 161.

    The investment has the following key investment highlights:

    + 5 year lease to 2026 plus options to 2032 (operating since 2003)
    + Attractive Annual CPI reviews, ensuring income growth
    + Well established medical practice in Sydney's Lower North Shore
    + Qualtas Health: Leading Australian healthcare group with over 39 locations across the eastern seaboard.
    + Ideal medical position directly on Military Road and above popular Chemist Warehouse retail store.
    + High exposure site with over 50,000^ passing vehicles daily
    + Easily managed medical tenant investment
    + Prime position in Neutral Bay's cosmopolitan retail precinct close to Coles, Woolworths & Oaks Hotel
    + Net Income: $121,234 pa* + GST (as of 18 August 2023)

    To be sold by Investment Portfolio Auction
    10:30am AEST Tuesday 20 June 2023
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed Burgess Rawson team for more information

    *approx
    ^Gapmaps
    The last reported quarterly CPI figure of 7.3% (March 2023) has been used to arrive at the estimated 18 August 2023 rental

    AUCTION

    Auction date and time20/06/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold19 Jun 2023
    Floor Area250 m²
    Land Area342 m²
    ParkingAsk Agent
    Property ID2018562583
    Category
    Last updated  21 Jun 2023
    Map for 102/156 Military Road Neutral Bay NSW 2089

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold19 Jun 2023
    Floor Area250 m²
    Land Area342 m²
    ParkingAsk Agent
    Property ID2018562583
    Category
    Last updated  21 Jun 2023

    Co-Agents

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223
    Flynn McFall
    Flynn McFall
    Burgess Rawson Sydney
    Call
    0481 187 191
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759

    More about 102/156 Military Road Neutral Bay NSW 2089

    102/156 Military Road Neutral Bay NSW 2089 is categorized as Medical & Consulting Property. It has a floor area of 250 m² and a land area of 342 m². The listing ID for this property is 2018562583.

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