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
221 WILLMOTT DRIVE, WAIKIKI, WESTERN AUSTRALIA
SOLD OFF MARKET
45 bed hospital including two operating theatres, endoscopy and sleep
studies units with building area of 3080sqm* on a 10 year triple net lease.
There is 1200sqm* of vacant land enabling further development.
• 1.38ha* total site are
• Passing net rent $550,000pa
• Private Hospital
*approximately
| Sale Analysis | |
| Sale Price: | $8,350,000 |
| Sale Date: | December 2020 |
| Site Area: | 1.38ha |
| Yield – passing | 6.5% |
| Yield – equivalent | 6.0% |
| Vendor: | Owner Operator |
| Purchaser: | Private Investor |
| Sales Process: | Off market campaign |
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