Purchased

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.

Building Type: Industrial

WALE: 5 years

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