Savills and Amicum are delighted to offer for sale 351 Fowler Road, Illawong NSW as part of the Heritage Care Freeholds Portfolio.

The property presents a strategically located social infrastructure investment with a new 15-year lease to a long-term operator.

Key attributes of the property include:

Beds: 64
Lease: 15 + 10 + 10 years
Net Rental: $505,326pa*
Land Area: 6,677sqm*

Properties also being offered as part of the portfolio are:

325 Canterbury Road, Bayswater North VIC
Beds: 121
Lease: 15 + 10 + 10 years
Net Rental: $1,284,164pa*
Land Area: 12,480sqm*

7 Campbell Street, Queanbeyan NSW
Beds: 118
Lease: 15 + 10 + 10 years
Net Rental: $931,695pa*
Land Area: 6,480sqm*

*Approximate

Highlights of this premium aged care portfolio include:

• 3 high quality facilities leased out to Heritage Care – a leading privately owned aged care services provider with 11 locations across New South Wales & Victoria
• Strong lease security with new long-term leases
• All properties are land tax exempt
• Significant landholdings underpinning the value of the assets
• An opportunity to secure three strategically located social infrastructure investments

SOLD

For further information please contact:

Savills NSW
Nick Lower - 0414 259 4...

Savills VIC
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Amicum
John Newman - 0418 313 5...
Glen O’Brien - 0431 602 9...