21 Napoleon Promenade Vasse WA 6280

Knight Frank are pleased to present for sale the Vasse Medical Centre, located at 21 Napoleon Promenade, Vasse, Western Australia.

Vasse Medical centre is a 2017-built primary care facility and occupies a prominent position in Vasse Village, adjacent to the Vasse Village Bunbury Farmers Market and Coles Vasse Supermarket.

The key investment attributes of this opportunity are as follows:

· $595,850 p.a. passing net income*

· 3.12 Year WALE* with staggered lease expiry

· 1,557sqm NLA across 11 tenancies

· 64 onsite carparks (1:24sqm)

· 3,155sqm freehold site

· Complimentary mix of occupiers including GP, pharmacy, dental clinic, psychologist, physiotherapist, and podiatrist

*Approximate, as of 1 June 2025

The South-West region of Western Australia is undergoing a population boom, driven by the desirable lifestyle and connectivity from the recent commencement of direct flights from Busselton Airport to Melbourne and key WA mining hubs and the new Bunbury bypass.

Vasse Medical Centre is a high-performing asset and by virtue of its prime location in the heart of Vasse Village is well placed to continue providing essential services to this growing population.

Vasse Medical Centre is For Sale by Expressions of Interest closing 2pm WST on Thursday, 3rd April 2025.

For more information, please contact the exclusive marketing agents at Knight Frank:

*Approximately