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Knight Frank (NT) - Darwin

164 Forrest Parade Rosebery, NT 0832

Directions

164 Forrest Parade,
Rosebery, NT 0832

Medical & Consulting • Shops & Retail • Other

Price information

Sale - Expression of Interest closing Wed 29 May

For sale by EOI closing 29 May 2024 at 4pm (AEST)

Key property information

Land area

Floor area

Car spaces

Parking info

Tenure type

Tenanted Investment Details

Occupancy
Partially Leased
Est. Incomep.a.
$827,793
Number of Tenants
5 Tenants
Tenants / Type
Health and retail

Expression of Interest

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Knight Frank (NT) - Darwin
Matthew Knight
Peter McVann

Knight Frank (NT) - Darwin

46 Smith Street Mall
DARWIN CITY, NT 0800
Knight Frank (NT) - Darwin
164 Forrest Parade
Rosebery, NT 0832

Map of 164 Forrest Parade

Directions
  • Bus stops within 5 km of 164 Forrest Parade, Rosebery, NT 0832Distance
    Haydon Street130 m
    Antonino Drive288 m
    Palmerston College 7/9338 m
    Owston Avenue515 m
    Catchlove Street543 m
    POWERED BY HERE ©
POWERED BY HERE ©

Dual-Anchored Medical & Quick-Service Retail Investment with Value-Add Potential

Knight Frank are pleased to present for sale by Expressions of Interest the Rosebery Convenience & Medical Centre, located at 164 Forrest Parade in Darwin's Palmerston precinct.

The Rosebery Convenience & Medical Centre is prominently positioned on a corner site with access from both Forrest Parade and Haydon Street.

This dual-anchored asset offers a diversified tenancy profile comprising medical, dental, allied health and quick service retail tenants. The key investment highlights include:

• Dual-anchored by Top end Medical Services with a 9-room GP Clinic and United Petroleum service station / QSR
• Additional tenants include 6-chair Dental Clinic, Physiotherapist
• Opportunity to add value through leasing balance vacant retail premises
• Estimated Fully Leased Net Income is $826,839 p.a. + GST*
• 2,286.4 sqm* NLA
• 1.97 year WALE (by income)
• 30 Carparks

* Approx.

Rosebery Convenience & Medical Centre is offered as part of a 2-asset medical portfolio sale.

Expressions of Interest close at 4pm AEST on Wednesday, 29th May 2024 and bids will be accepted on individual assets or a portfolio basis.

For further information please contact the exclusive marketing agents at Knight Frank.

Property ID: 504577568Last Updated: 29 Apr 2024

Knight Frank - Brisbane
Level 3/12 Creek St
BRISBANE CITY, QLD 4000
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