Approved Port Coogee SDA project offered for sale
A boutique coastal development site within Port Coogee’s marina precinct has been listed for sale.
Case Studies
114 Spencer Street, South Bunbury, Western Australia
BUNBURY HEALTHCARE PROPERTY
The property comprises a totally refurbished specialist centre on a prominent location in the medical heart of Bunbury.
Leased to St John of Gods for 10 years on a triple net lease there is also the opportunity for a future extension of the building.
Features include:
- Lessee – St John of Gods
- WALE 10 years
- Rent $200,000 per annum net
- Annual rent reviews CPI + 1.5%
| Sale Analysis | |
| Sale Price: | $4,100,000 |
| Sale Date: | November 2021 |
| NLA Area: | 442sqm* |
| Land Area: | 2,023sqm* |
| Yield: | 4,87% |
| Vendor: | Sunfelt Pty Ltd |
| Purchaser: | Barwon Property Funds Management Pty Ltd |
*Approximately
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