Case Studies

210 Wanneroo Road,Madeley, Western Australia


A health centre comprising seven medical and health practices located on a highly exposed lot on Wanneroo Road.

  • • 1479sqm* NLA
    • 4289sqm* total site area
    • Passing rent: $618,703
    • 3.67 year WALE


Sale Analysis
Sale Price:$9,743,358
Sale Date:July 2021
NLA Area:1479sqm*
Land Area:4289sqm*
Yield – Passing:6.35%
Price / NLA:$6587/sqm
Vendor:Core Capital
Purchaser:Australian Fund
Sales Process:Protracted sales campaign launched during 2020 COVID lockdown.
Relaunched early 2021 with over 45 enquiries, 14 inspections and 8 offers.
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