There is no better real estate asset class in 2020 than Medical & Health and this opportunity to buy a Health Centre of 40 years practice with 7 different health/medical tenancies on a major road stands out as a must buy.

Madeley Health is a long-established centre (approx 40 years) on Wanneroo Road with various tenants including a medical practice, pharmacy, optometrist, radiology centre, dentist, psychologist, and a physiotherapist.

Lettable Area: 1,479sqm comprising 5 strata units which is the whole of the strata development giving a buyer future flexibility.

The site of 4,289sqm has a prominent frontage to Wanneroo Road with 65 car bays.

Net Income of $591,136.91 spread over 7 tenancies with a WALE of approximately 4.25 years and all with solid fixed annual increases and all outgoings fully recovered.

For further information or to arrange an inspection please contact:

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com