100 Carillon Avenue, Newtown, NSW, 2042, AU

RPAH Medical Centre

Asset Description

Under Contract

JLL is proud to exclusively present a truly unique opportunity to acquire the most significant healthcare offering of 2023, RPAH Medical Centre.

RPAH Medical Centre comprises an unrivalled location, in close proximity to the Royal Prince Alfred Hospital, one of Australia's premier public hospitals and The University of Sydney. Benefitting from quadruple street frontages and a diverse tenancy mix of specialty healthcare services, the centre has extremely low historical vacancy offering exceptional income security.

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Attributes

Building area gross

7,183 m²

Occupancy

100%

Year built

1987

Media

Investment Highlights

Premium Metro Sydney Location.
Net rental profile with reversionary uplift potential.
Core Healthcare and education precinct located 200m from Royal Prince Alfred Hospital and adjacent to The University of Sydney.
High Historical occupancy with proven tenant retention and expansion.
Value add potential through car parking upside.
Net operating income of $7,096,728 per annum*.
A hub for surgeons, doctors, and specialists from the Royal Prince Alfred Hospital.

Offering 58 practices under its roof, RPAH Medical Centre is a comprehensive medical facility providing a significant variety of services and procedures to the surrounding community.

A 100% leasehold interest in RPAH Medical Centre is for sale via Expressions of Interest (EOI) closing Wednesday 18^th October 2023 at 2:00pm (AEDT).