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.
*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 |
In another strong indicator of Subiaco’s growing investment appeal, the landmark Tighe’s Building at 131-135 Rokeby Road has changed hands for $5 million in an off-market transaction brokered exclusively by Michael Milne.
$200,000 operating cost savings