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9 Brown Avenue
Naval Base WA 6165
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Sold on 25 Jul 2023

9 Brown Avenue Naval Base WA 6165

  • Medical / Consulting
  • 615 m²
  • Sold

Long Standing Sonic HealthPlus Medical Centre For Sale

  • Medical Centre with ASX Listed Lessee
  • High Level Secure Income
  • Long Term Lease with Option Period

Knight Frank are excited to exclusively offer for sale 9 Brown Avenue, Naval Base via Offers to Purchase.

This offering presents a rare opportunity to acquire a quality asset with secure income from one of Australia's leading medical operators. The purpose built medical centre has a net lettable area of 615 sqm, with ASX listed Sonic HealthPlus being a long standing tenant, with their current tenure at the location eclipsing over 20 years.

The prominent site of 2,585sqm offers high exposure with its access and frontage to Rockingham Road, whilst being located within the ever growing Industrial precinct of Naval Base and Kwinana.

Businesses such as Alcoa, CSBP, Fremantle Ports, BGC, BP Kwinana Terminal and many others neighbour the centre with the medical centres 'Occupational Health Services' being one of its main sources of income. Services such as drug and alcohol tests, employment medicals, specialised medicals, Physiotherapy, injury rehabilitation and much more give the centre a strong patient base and being the only medical centre within Western Australis's major industrial precinct of Naval Base and Kwinana.

LEASE SUMMARY
- Tenant: Kinetic Health Group Pty Ltd (Sonic HealthPlus)
- Original Lease Term: 10 Years plus 2 x 5 year options
- Expiry: 31/05/2027 with a further 5 year option remaining
- Passing Net Rent: $241,232 pa exc GST
- Rent Reviews: 3.5% Annually with market review at option period

The property is for sale via Offers to Purchase, closing 3pm (AWST), Thursday 27 July 2023, unless sold prior.

For more information please contact the exclusive selling agents.

Cory Dell'Olio
+61 422 177 247
cory.dellolio@au.knightfrank.com

Tony Delich
+61 418 926 410
tony.delich@au.knightfrank.com

Knight Frank Perth
Knight Frank Perth
Level 37, Exchange Plaza, 2 The Esplanade
Perth, WA 6000

Property Highlights

Date Sold25 Jul 2023
Floor Area615 m²
Land Area2,585 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018622023
Category
Last updated  25 Oct 2023
Map for 9 Brown Avenue Naval Base WA 6165
Knight Frank Perth
Knight Frank Perth
Level 37, Exchange Plaza, 2 The Esplanade
Perth, WA 6000

Property Highlights

Date Sold25 Jul 2023
Floor Area615 m²
Land Area2,585 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018622023
Category
Last updated  25 Oct 2023

Co-Agents

More about 9 Brown Avenue Naval Base WA 6165

9 Brown Avenue Naval Base WA 6165 is categorized as Medical & Consulting Property. It has a floor area of 615 m² and a land area of 2,585 m². The listing ID for this property is 2018622023.

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9 brown avenue,naval base, WA 6165
615 m²
Medical / Consulting