14 King Street,
Murwillumbah, NSW 2484
Medical & Consulting • Offices • Other
Price information
Sale - Auction Wed 15 May
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$269,168
Number of Tenants
5 Tenants
Tenants / Type
Medical Centre
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
14 King Street
Murwillumbah, NSW 2484
Map of 14 King Street
Bus stops within 5 km of 14 King Street, Murwillumbah, NSW 2484 Distance King St Before Brisbane St 0 m Brisbane St Before Wollumbin St 146 m Murwillumbah St at Queen St 365 m Queen St at Church la 385 m Wardrop St at Greville St 496 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 our Investment Auction Portfolio 168.
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: $269,168 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^ksmc.com.au
^^sonichealthcare.com
#profile.id
##economy.id
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: $269,168 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register at portfolioauctions.com.au
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: 29 Apr 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
15 Kulai Place,Port Macquarie, NSW 2444 1 m²Development Sites & Land • Medical & Consulting • Shops & Retail