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120-122 Spencer Street
South Bunbury WA 6230
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Sold on 13 Jun 2024

120-122 Spencer Street South Bunbury WA 6230

  • Medical / Consulting
  • 890 m²
  • Sold

LONG WALE SOUTH BUNBURY MEDICAL PRACTICE

  • Located in WA’s largest regional centre
  • 7.80-year* WALE, with options to 2040
  • Leading national healthcare tenant

CBRE and JLL are proud to exclusively present for sale Forrest Family Practice, a long WALE, single level general practice medical centre 100% leased to ForHealth, a national healthcare service provider with a platform of more than 70 medical centres.

Boasting a long WALE of 7.80-years * offering significant income security, Forrest Family Practice is a rare opportunity to secure a strategically located, purpose built general practice medical centre and pharmacy which comprises 12 x consultation rooms operated by 12 doctors, with ancillary services including pathology, dietetics and pharmacy.

Key Investment Information:

Address: 120-122 Spencer Street, South Bunbury WA 6230
Net Lettable Area (NLA): 890m² *
Combined Site Area: 2,920m² *
Local Government Area: City of Bunbury
Zoning: Mixed Use Commercial
Tenant: ForHealth (trading as Forrest Family Practice)
Net Income: $532,677 per annum + GST**
Term: 10 years commenced July 2021
Options: Three, 3 year options
Car Parking: 59 bays

*Approximately
**Approximately as at 1 October 2023

Forrest Family Practice is for sale Expressions of Interest (EOI) closing Thursday 19th October 2023 at 2.00pm (AWST)/ 5:00pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Derek Barlow
Director, CBRE
+61 417 941 478

Lachlan Andrew
Associate, CBRE
+61 426 890 080

Simon Quinn
Senior Director, JLL
+61 409 261 276

Nigel Freshwater
Senior Director, JLL
+61 417 197 375

Thomas Thorsen
Senior Executive, JLL
+61 488 444 022

CBRE Perth
CBRE Perth
Level 25/250 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold13 Jun 2024
Floor Area890 m²
Land Area2,920 m²
ParkingOn site parking available
Property ID2018775386
Category
Last updated  13 Jun 2024
Map for 120-122 Spencer Street South Bunbury WA 6230
CBRE Perth
CBRE Perth
Level 25/250 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold13 Jun 2024
Floor Area890 m²
Land Area2,920 m²
ParkingOn site parking available
Property ID2018775386
Category
Last updated  13 Jun 2024

Co-Agents

More about 120-122 Spencer Street South Bunbury WA 6230

120-122 Spencer Street South Bunbury WA 6230 is categorized as Medical & Consulting Property. It has a floor area of 890 m² and a land area of 2,920 m². The listing ID for this property is 2018775386.

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