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Burgess Rawson - Brisbane

14 King Street Murwillumbah, NSW 2484

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14 King Street,
Murwillumbah, NSW 2484

Medical & Consulting • Offices • Other

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$282,381
Number of Tenants
5 Tenants
Tenants / Type
Medical Centre

Private inspections

to arrange a private inspection.
Burgess Rawson - Brisbane
Adam Thomas

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
14 King Street
Murwillumbah, NSW 2484

Map of 14 King Street

Directions
  • Bus stops within 5 km of 14 King Street, Murwillumbah, NSW 2484Distance
    King St Before Brisbane St0 m
    Brisbane St Before Wollumbin St146 m
    Murwillumbah St at Queen St365 m
    Queen St at Church la385 m
    Wardrop St at Greville St496 m
    POWERED BY HERE ©
POWERED BY HERE ©

High Performing Freestanding Medical Investment | Longstanding Tenant of 40+ Years

  • Strategic CBD location
  • ASX listed Sonic Healthcare
  • Desirable 'Mixed-Use' zoning
Burgess Rawson is pleased to offer to the market 14 King Street, Murwillumbah (Northern Rivers) NSW for sale via Expressions of Interest.

This opportunity has the following investment highlights:

+ Anchored by a 5 year lease to King Street Medical Centre & a 3 year lease to ASX-listed Sonic Healthcare
+ Supported by landlord favourable leases to Mapp & Hession Pharmacy, Club Active Gym & Rightfoot Podiatry
+ King Street Medical Centre: multidisciplinary medical experts servicing the Murwillumbah and Northern NSW region for 40+ years^
+ Sonic Healthcare (ASX: SHL): internationally renowned healthcare provider with specialist operations in laboratory medicine/pathology, radiology, general practice medicine and corporate medical services, with a market cap of $12.72 billion^^
+ Mapp & Hession Pharmacy: established pharmacy with an impressive 40+ year occupancy & awards for best small business in the Tweed Shire and the prestigious Australian Pharmacy of the year
+ Landlord favourable annual CPI reviews with ratchet provisions
+ Long established 716sqm* two-storey medical facility with a valuable 11 designated on-site car spaces
+ Expansive 1,051sqm* freehold site with desirable 'Mixed Use' (MU1) zoning, allowing for a multitude of future re-development opportunities (STCA)
+ Strategic CBD landholding located directly opposite the Coles & Harvey Norman anchored Sunnyside Mall, and only 1.5km* from Murwillumbah District Hospital
+ Tweed Shire Council: rapidly growing region, with a population forecast to grow 31.6% to 131,489 by 2041 & an economy dominated by healthcare & social assistance, accounting for approximately 20% of total employment##
+ Estimated Net Income: $282,381 pa* + GST

For Sale via Expressions of Interest
Closing 3pm AEST Wednesday 22 May 2024

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
^ksmc.com.au
^^sonichealthcare.com
#profile.id
##economy.id

Property ID: 504570000Last Updated: 17 May 2024

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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