PRIME MEDICAL INVESTMENT OPPORTUNITIES

For Sale by Expression of Interest

Suite 211-212-213/343-345 Pacific Highway

Coffs Harbour NSW 2450

Healthcare

FOR SALE

246.5m2

This is an OPPORTUNITY to buy ONE, TWO or all THREE adjoining suites.
The Specialist Medical Centre is a near new three storey, high quality purpose built specialized medical building, situated adjacent to the Coffs Harbour Health Campus.
Suites 212 and 213 accommodate an approximate net lettable area of 166.5m2 and are leased to the University of Newcastle to 2022 with an option to 2025.
Newcastle University lease one of two secured basement car spaces.
The current net annual rental is $59,216 plus GST plus outgoings.
In addition, the vendor is willing to enter into a 1+1+1 year lease of a vacant space for $5,000 plus GST, increasing the net annual rental to $64,216 plus GST.
Suite 211 occupies a net lettable area of some 80m2 and is available with vacant possession.
As a prudent investor, you may choose to purchase Suites 212 and 213.
You may also wish to purchase adjoining suite 211 for potential future growth.
Alternatively, you may wish to purchase suite 211 for your own occupation.
Whichever way you choose to proceed, this opportunity will not be repeated!!!
Superbly situated adjacent to Coffs Harbour Health Campus, with easy highway access and centrally positioned between Coffs Harbour's burgeoning city centre and the growth areas of Toormina, Sawtell and Boambee.
State of the art, attractive, environmentally and sensitively designed three storey building occupying an elevated high profile flood free position.
Designed for easy pedestrian and vehicular access, with prominent signage and parking for 210 vehicles, including 66 undercover spaces.
National tenants including Coffs Harbour Radiology, Ramsay Health and Sullivan Nicolaides Pathology.
A Pharmacy, GP medical centre and the Rainforest café are located on the ground floor.
Specialists including a general surgeon, cardiologists and gynaecologist.

This opportunity enjoys the following features:
- Prime medical location
- Convenient off highway position
- Strong lease covenant to quality tenant
- Attractive net return plus depreciation allowances
- Choice of 1, 2 or 3 adjoining suites
- Situated within the southern growth corridor
- 3kms to Coffs Harbour's burgeoning CBD
- Affordable anticipated price range

If you been waiting for a securely leased investment opportunity in Coffs Harbour's premier Medical centre then CALL NOW!!!
The vendor's price expectation is around $900,000 to $1mil equating to a net return of between 6.4% and 7.1%.
For all further details contact Exclusive Marketing Agents LJ Hooker Commercial:

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 coffsharbour@ljhc.com.au

The leading specialist commercial agency servicing The Coffs Coast.