<p>Located at 199 Sturt Road, Seacombe Gardens, Marion Specialist Medical Centre offers <strong>prime accessibility</strong> for patients and healthcare professionals alike. The property sits <strong>directly opposite Westfield Marion</strong>, South Australia's largest shopping centre, which serves as a major commercial and retail hub for the southern suburbs.</p> <p>This high-exposure location benefits from <strong>22,700 cars passing daily</strong> along Sturt Road, a key transport route connecting Adelaide's western and southern suburbs. The property is in close proximity to <strong>Marion Bus Interchange</strong>, providing excellent public transport access.</p> <p>The medical centre is positioned strategically near <strong>Flinders Medical Centre and Flinders University</strong>, both of which contribute to the area's strong demand for healthcare services. This positioning enhances the property's appeal to medical professionals seeking to establish practices within a well-connected and thriving catchment.</p> <p>Seacombe Gardens is approximately <strong>12 km southwest of the Adelaide CBD</strong>, making it a convenient location for those commuting from the city. The area is well-served by public transport with multiple bus routes operating along Sturt Road and Diagonal Road, providing direct connections to Adelaide and surrounding suburbs.</p>

<p>Marion Specialist Centre accommodates a strong mix of <strong>eight specialist and allied health professionals</strong> across its two levels, with a total Net Lettable Area of 978 square metres.</p> <p>The anchor tenant, <strong>Radiology SA occupies 37% of the building</strong> and is a leading radiology practice in South Australia with over 15 years of operation at this location. Their long-term commitment to the site reinforces the centre's position as a trusted healthcare hub, with a strong referral base from GPs and specialists.</p> <p>The ground floor houses <strong>Radiology SA, Clinical Laboratories, and MLH Physio</strong>, which together provide complementary diagnostic and therapeutic services. The first floor accommodates <strong>BreastScreen SA, Audika Australia, Better Dental Group, Jarrod Ruchel Chiropractic, and Adelaide Foot Doctor</strong>.</p> <p>The tenant mix demonstrates <strong>strong retention and limited alternative locations</strong> in the area, creating high probability of renewals. The complementary nature of services creates valuable cross-referral opportunities among practitioners, strengthening the overall tenant ecosystem.</p> <p>Lease terms are staggered effectively, with expiries spread across different years, reducing vacancy risk and providing consistent income security. Most tenants have options for renewal, with annual reviews typically set at 3.00% increases.</p>

<p>The property generates a <strong>net income of $448,975 per annum plus GST</strong>, derived from a diverse mix of eight medical and allied health tenants. The financial structure offers strong stability with a <strong>WALE of 5.0 years</strong> (by income) from 1 August 2025.</p> <p>The gross passing income consists of <strong>$564,088 in base rent</strong> plus <strong>$20,420 in recoveries</strong>, totaling $584,508 annually. After accounting for outgoings of $135,533, the property delivers a healthy net return.</p> <p>Key tenants contribute significantly to the income security, with <strong>Radiology SA representing 37% of the tenant composition</strong>, followed by Better Dental Group (12%), MLH Physio (10%), and other healthcare providers making up the balance.</p> <p>The property offers <strong>strong depreciation benefits</strong> with first-year depreciation claims estimated at $268,000, providing significant tax advantages for investors. According to the depreciation schedule, a total of $2,692,000 in allowances is available over an 11+ year period.</p> <p>With <strong>zero Stamp Duty payable on commercial transactions in South Australia</strong>, investors can save in excess of $400,000 in upfront acquisition costs compared to similar investments in other states.</p>

<p class="mb-4"><strong>199 Sturt Road, Seacombe Gardens - 978m2 - $459/m2</strong></p><p class="mb-4">1-3 Addison Road, Pennington SA – 1275m2 - $468/m2</p><p class="mb-4"><strong>&nbsp;</strong>Confidential Sale – Northern Adelaide major medical centre ~$650/m2</p><p class="mb-4">1290 Grand Junction Road, Hope Valley - 436m2 - $596/m2</p><p class="mb-4">206-208 Portrush Road, Trinity Gardens - 874m2 – 532/m2</p><p class="mb-4">14 Anderson Walk, Smithfield - $496m2 - $540/m2 net</p>

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