Fully Leased Retail & Medical Investment
Our team has secured a premium retail and medical investment opportunity, offering a secure, high-yield asset with long-term leases in place. Anchored by FoodWorks, a Medical Centre, and a Dentist, this fully tenanted centre delivers stable cash flow and significant growth potential. Positioned on a high-exposure site with triple street frontage, the asset benefits from strong passing traffic and direct connectivity to a major city centre.
Key Highlights
- Established Tenant Mix – Anchored by FoodWorks, Australia’s largest independent supermarket group, alongside essential healthcare providers
- Secure Long-Term Leases – FoodWorks on a 10-year lease to 2034 with options to 2044; Medical Centre & Dentist secured until 2029 with options to 2034
- High-Yield Investment – 6.92% net yield, increasing to 7.4% in July 2025 with an 8.1% rental uplift
- Strategic Growth Location – Situated in a rapidly expanding region with a forecasted population growth to 211,400 by 2043
- Substantial Landholding – 9,015m² site with 1,297m² of NLA and 85 on-site parking spaces
- Essential Service Asset – Strongly positioned in the healthcare and grocery sectors, ensuring resilient income
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