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 – passing6.5%
Yield – equivalent6.0%
Vendor:Owner Operator
Purchaser:Private Investor
Sales Process:Off market campaign
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