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Case Studies
66-70 Mahogany Drive & 1-5 Peelwood Parade, Halls Head, Western Australia
HALLS HEAD MEDICAL CENTRE
The Halls Head Medical Centre comprises 7 specialised medical buildings over 7 lots with long leases to a Medical Centre, Specialist Centre, Skin Clinic, Allied Health, Respiratory Clinic, Pharmacy and Pathology.
- 6,075sqm* total site area
- Passing rent: $1,288,925
- 8 year WALE
*Approximately
| Sale Analysis | |
| Sale Price: | $23,435,000 |
| Sale Date: | September 2021 |
| NLA Area: | 1,871sqm* |
| Land Area: | 6,075sqm* |
| Yield – passing | 5.5 % |
| Land Rate / sqm: | $3,857/sqm |
| Vendor: | Bingham Superannuation Fund |
| Purchaser: | RAM Australia |
| Sales Process: | The property was acquired off market on behalf of Real Asset Management Ltd (RAM) after careful research and targeting by Ray White Commercial WA for quality WA medical centres |
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