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Freehold Medical Investment Opportunity

This commercial property is occupied by predominantly ASX-Listed national tenants, all secured under net leases, ensuring consistent performance. Situated within the bustling retail precinct adjacent to the Woolworths-anchored Shopping Centre, it presents dual street frontages along Goodwin Drive and Fortune Avenue, maximising exposure to high volumes of both vehicular and pedestrian traffic. The centre is DA-approved for expansion to build an additional 77m2* shop (plus alfresco) within the next 6 years, allowing its investor a massive value-add opportunity with the potential of a 15% increase in GLAR.

Set to benefit from the community's projected growth to over 42,000 residents by 2036, this property offers a prime investment opportunity in a sought-after location.

Purchase Details
Asking Price
5500000
Purchase Price
5200000
Deposit (assuming
65
% debt)
1820000
Stamp Duty
301122.9
Building Report*
2000
Solicitor Cost*
15000
Valuation*
10000
Other Costs*
Other Fees* (Depreciation
report, bank fees)
5500000
Total Cash Required
2261802.9
Purchase Price + Purchasing Cost
5641802.9
Net Annual Cash Flow Return
336915
Net Yield on Property
6.48
%
Net Yield Accounting for
Purchasing Costs
5.97
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
2261802.9
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
211250
Return of Equity
(Pure cash flow return)
5.56
%
Return of Equity with a
5% Capital Growth Rate:
17.05
%
Return of Equity with a
7% Capital Growth Rate:
21.65
%
Return of Equity
10% Capital Growth Rate:
28.55
%
*approximate number

Key Highlights

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