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 |
A significant slice of Perth’s eastern CBD is set to change hands, with the prominent development site at 228 Adelaide Terrace formally launched to the market by Andrew Woodley-Page and Brett Wilkins of RWC WA. Occupying a substantial 3,275sqm freehold landholding, the property presents a rare large-scale CBD development opportunity … Read more
Leading commercial agents Andrew Woodley-Page and Brett Wilkins of RWC WA have been appointed to market for sale the freehold interest in 256 St Georges Terrace, Perth, with price expectations understood to be in the $200 million range. Prominently positioned at the “top of the Terrace” in Perth’s tightly held … Read more