Cairns Day Surgery, 156-160 Grafton Street,
Cairns City, QLD 4870
Medical & Consulting
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Sale - Expression of Interest
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Knight Frank - Brisbane
Level 22/12 Creek StBRISBANE CITY, QLD 4000
04109790...
Cairns Day Surgery, 156-160 Grafton Street
Cairns City, QLD 4870
Map of Cairns Day Surgery, 156-160 Grafton Street
Train stations within 5 km of Cairns Day Surgery, 156-160 Grafton Street, Cairns City, QLD 4870 Distance Cairns 762 m Portsmith Station 3.2 km POWERED BY HERE ©Bus stops within 5 km of Cairns Day Surgery, 156-160 Grafton Street, Cairns City, QLD 4870 Distance Florence Street at Sheridan Street 257 m Lake Street at Cairns Private Hospital 272 m Spence Street at Grafton St 735 m Cairns Central Shopping Centre 853 m Cairns Hospital 853 m POWERED BY HERE ©
POWERED BY HERE ©
Ramsay-anchored Day Surgery
Knight Frank and JLL are pleased to present for sale via Expressions of Interest the Cairns Day Surgery, located at 156-160 Grafton Street, Cairns.
Cairns Day Surgery is anchored by Ramsay Health Care (ASX:RHC), Australia’s leading private health conglomerate with an $11b market capitalization. The fully let, 4 tenancy facility has a complimentary mix of long-established tenants including a day surgery, bulk-billing GP Clinic, Pharmacy, and Pathology sampling and testing laboratory.
The key attributes of this investment are as follows:
- 5.4-Year WALE (As at 30 Sep. 2024)
- $1.612 million p.a. passing Net Income* (As at 30 Sep. 2024)
- Anchored by Ramsay Healthcare with 67% of NLA
- CPI-linked review mechanism to 70%* of Gross Rental Income
- Complimentary mix of tenancies including GP Clinic, Pharmacy, Pathology sampling and testing facility Practice and 4-theatre multi-disciplinary day surgery
- 100% occupied by established healthcare tenants
- Significant investment by tenants in fit-out, including 405sqm of PC-2 laboratory space which serves as QML’s central testing facility for the Cairns region.
- 2,473sqm* Net Lettable Area
- 37 car spaces
- Prominent, accessible location in Cairns CBD
Cairns Day Surgery is offered for sale by Expressions of Interest closing 4:00pm AEST on Thursday, 15th August 2024. For further information or access to the Electronic Data Room please contact the exclusive selling agents.
Cairns Day Surgery is anchored by Ramsay Health Care (ASX:RHC), Australia’s leading private health conglomerate with an $11b market capitalization. The fully let, 4 tenancy facility has a complimentary mix of long-established tenants including a day surgery, bulk-billing GP Clinic, Pharmacy, and Pathology sampling and testing laboratory.
The key attributes of this investment are as follows:
- 5.4-Year WALE (As at 30 Sep. 2024)
- $1.612 million p.a. passing Net Income* (As at 30 Sep. 2024)
- Anchored by Ramsay Healthcare with 67% of NLA
- CPI-linked review mechanism to 70%* of Gross Rental Income
- Complimentary mix of tenancies including GP Clinic, Pharmacy, Pathology sampling and testing facility Practice and 4-theatre multi-disciplinary day surgery
- 100% occupied by established healthcare tenants
- Significant investment by tenants in fit-out, including 405sqm of PC-2 laboratory space which serves as QML’s central testing facility for the Cairns region.
- 2,473sqm* Net Lettable Area
- 37 car spaces
- Prominent, accessible location in Cairns CBD
Cairns Day Surgery is offered for sale by Expressions of Interest closing 4:00pm AEST on Thursday, 15th August 2024. For further information or access to the Electronic Data Room please contact the exclusive selling agents.
Property ID: 504639648Last Updated: 8 Aug 2024
Knight Frank - Brisbane Level 22/12 Creek St
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000