Burgess Rawson is pleased to offer to the market 57 Junction Street, Nowra NSW for sale via Private Treaty.
This investment has the following key investment highlights:
+ Anchored by a 10 year lease to ASX listed Sonic Healthcare to 2031 plus options to 2041 (in occupation 20+ years)
+ Sonic Healthcare Ltd (ASX:SHL): internationally renowned and world leading healthcare provider, employing more than 30,000 staff with a current market cap of $15.62 billion.^
+ Renewed lease to Vision X-Ray Group to 2026 + options to 2036 (in occupation 20+ years)
+ Vision XRAY Group: medical specialist centre focusing on radiology, x-ray, CT, ultrasound and much more with 9 locations in NSW^^
+ Renewed lease to Walsh & Monaghan to Nov 2025 + options to 2028 (in occupation 20+ years)
+ Walsh & Monaghan: leading property valuers of 100+ years with offices in Sydney, Nowra, Wollongong, Mittagong, and Merimbula
+ Significant 2,821sqm* freehold landholding improved by an impressive 1,186 sqm* building, with ample parking for 37 cars
+ Potential future upside and value add (STCA)
+ Attractive rental reviews with a mix of fixed 4% and CPI
+ Booming South Coast location with a Shoalhaven region population of 142,936+, which is expected to surge 30% by 2051^^^.
+ Strategic position in the heart of Nowra's CBD, adjacent Australia Post, neighbouring Woolworths, Nowra Plaza Shopping Centre & 1km* to Shoalhaven District Hospital
+ Shoalhaven District Hospital: Recent $438m redevelopment funded by the NSW Government
+ Net Income: $385,681 pa* + GST
For sale via Private Treaty
Please contact the exclusively appointed sales team for more information
*Approx.
^sonichealthcare.com
^^xray.com.au
^^^profile.id
