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14 Highfields Circuit
Port Macquarie NSW 2444
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Sold on 20 Feb 2024

14 Highfields Circuit Port Macquarie NSW 2444

  • Medical / Consulting
  • 1,084 m²
  • Sold

Ultimate Long WALE Medical Investment to ASX Listed Tenant

    Burgess Rawson is pleased to offer to the market 14 Highfields Circuit, Port Macquarie NSW for sale via our Investment Portfolio Auction 166.

    The property has the following investment highlights:

    + 15 year lease to 2034 plus options to 2059
    + Lumus Imaging: subsidiary of ASX listed Healius Ltd with a market cap of $974 million, employing 10,500+ people with 2,250 locations nationally
    + Guaranteed compounding rental growth with fixed 3% annual rent increases
    + Net lease structure with the tenant paying all outgoings including land tax (as per the lease)
    + Immaculate 1,084sqm* purpose built medical, pathology & nuclear imaging facility on a substantial 3,527sqm* landholding
    + Newly constructed centre in 2019 providing substantial depreciation benefits
    + Secure and on-grade parking for 53 vehicles
    + Strategic medical position 350 metres* to 228-bed Port Macquarie Base Hospital close to Westside Medical Centre, Port Macquarie Cardiology & Pathology, and Macquarie Specialist Medical Centre and much more
    + Located within Port Macquarie's major healthcare and education precinct including Charles Sturt University, NSW Shared Health, Research and Education Centre, TAFE NSW Port Macquarie
    + Port Macquarie: growing LGA with a population forecast growth of 23% by 2041 with the number of people over 60 years old expected to increase 36% by 2036
    + Net Income: $849,267 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 20 February 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information.

    *Approx

    AUCTION

    Auction date and time20/02/2024 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 Sold20 Feb 2024
    Floor Area1,084 m²
    Land Area3,527 m²
    ParkingAsk Agent
    Property ID2019003748
    Category
    Last updated  22 Feb 2024
    Map for 14 Highfields Circuit Port Macquarie NSW 2444

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

    Property Highlights

    Date Sold20 Feb 2024
    Floor Area1,084 m²
    Land Area3,527 m²
    ParkingAsk Agent
    Property ID2019003748
    Category
    Last updated  22 Feb 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759

    More about 14 Highfields Circuit Port Macquarie NSW 2444

    14 Highfields Circuit Port Macquarie NSW 2444 is categorized as Medical & Consulting Property. It has a floor area of 1,084 m² and a land area of 3,527 m². The listing ID for this property is 2019003748.

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    14 highfields circuit,port macquarie, NSW 2444
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