Savills and Amicum are delighted to offer for sale 351 Fowler Road, Illawong NSW as part of the Heritage Care Freeholds Portfolio.
The property presents a strategically located social infrastructure investment with a new 15-year lease to a long-term operator.
Key attributes of the property include:
Beds: 64
Lease: 15 + 10 + 10 years
Net Rental: $505,326pa*
Land Area: 6,677sqm*
Properties also being offered as part of the portfolio are:
325 Canterbury Road, Bayswater North VIC
Beds: 121
Lease: 15 + 10 + 10 years
Net Rental: $1,284,164pa*
Land Area: 12,480sqm*
7 Campbell Street, Queanbeyan NSW
Beds: 118
Lease: 15 + 10 + 10 years
Net Rental: $931,695pa*
Land Area: 6,480sqm*
*Approximate
Highlights of this premium aged care portfolio include:
3 high quality facilities leased out to Heritage Care a leading privately owned aged care services provider with 11 locations across New South Wales & Victoria
Strong lease security with new long-term leases
All properties are land tax exempt
Significant landholdings underpinning the value of the assets
An opportunity to secure three strategically located social infrastructure investments
SOLD
For further information please contact:
Savills NSW
Nick Lower - 0414 259 494
Savills VIC
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Amicum
John Newman - 0418 313 523
Glen O'Brien - 0431 602 978