GP Plus Health Care Centre SA_Property for Sale

16 Playford Bvd, Elizabeth, SA, 5112, AU

GP Plus Health Care Centre SA

Asset Description

JLL is proud to exclusively present for sale, GP Plus Health Care Centre, an exceptional opportunity to acquire a rare, purpose-built, public health care asset, in a strategic location.

Located in the low socio-economic area of Elizabeth, GP Plus Health Care Centre, provides strong income security, backed by a government health care operator and a residual term of 6.97 years*.

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Attributes

Building area gross

4,603 m²

Year built

2000

Land area gross

1 ha

Occupancy

100%

Media

Investment Highlights

· GP Plus Health Care Centre provides a highly secure and stable income stream through a long-term government supported lease.

· Purpose-built, with recent capex supporting tenant retention.

· Unique management fee, with reviews at CPI +1%.

· CPI-linked annual reviews, complemented by a ratchet clause ensures consistent income growth.

· Net operating income of $3.07 million per annum.

· Strategically located in growing area of Elizabeth, to support the public health needs of the community.

Offering necessary services like, general practitioner services, dental services, and immunisation services, GP Plus Health Care Centre is well positioned to support the ongoing needs of the surrounding community.

A 100% leasehold interest in GP Plus Health Care Centre is for sale via Expressions of Interest (EOI) closing Wednesday 25^th October 2023 at 2:00pm (AEDT).

*Approximately as at 1st September 2023