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 |
One of Western Australia’s most exclusive coastal tourism opportunities has come to market. A 2.79 hectare development site in Coral Bay is for sale, boasting never-occupied accommodation and significant future development. Located at 16 Robinson Street, the landholding occupies among the most elevated positions in Coral Bay, offering uninterrupted views over Bills Bay, where the … […]
The Western Australian commercial property market continues to demonstrate superior resilience and growth potential compared to eastern state benchmarks, backed by steady economic performance, sustained population growth, and tight market conditions across major sectors. Speaking on the latest edition of RWC’s Between the Lines Live podcast, RWC WA Director of Capital Transactions Brett Wilkins and Ray White … […]