Medical Asset | $8,950,000 | Net Yield: 6.75% | WA

This premium healthcare investment presents a rare opportunity to secure a nationally backed medical tenant within one of Perth’s most affluent and tightly held suburbs.

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Occupying a dominant 2,776 sqm corner site on Stirling Highway in Claremont, the property delivers outstanding visibility along a major arterial route with dual street frontage. The asset comprises a 1,020 sqm medical centre, combining a character heritage façade with a comprehensive suite of consulting rooms, treatment areas, waiting spaces and medical facilities, supported by 39 on-site car parks.

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The property is anchored by IPN Medical, part of one of Australia’s largest primary healthcare networks with more than 150 facilities nationwide. IPN operates as a subsidiary of ASX-listed Sonic Healthcare (ASX: SHL), a global healthcare provider with operations across eight countries, over 42,000 employees, and annual revenue exceeding $8.2 billion. The centre is supported by 14 practising doctors and complementary healthcare operators, creating a diverse and resilient tenant mix.

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Generating a net income of $606,500 p.a., the asset delivers a 6.75% net yield and benefits from 100% occupancy, providing investors with a defensive income stream from a non-discretionary healthcare sector. The property has a WALE of 3.05 years, supported by multiple medical practitioners operating within the centre.

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Strategically located within Claremont, one of Perth’s most prestigious western suburbs, the property benefits from strong surrounding demographics, high household incomes and consistent demand for healthcare services. The asset sits within close proximity to Claremont Quarter, Bethesda Hospital and Claremont Station, further reinforcing its position within a tightly held medical and commercial precinct.

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With a nationally recognised medical tenant, premium location fundamentals and secure income backed by Australia’s resilient healthcare sector, this asset represents a compelling investment opportunity in a market where medical centres of this calibre rarely become available.

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