 Asset Class: | Medical |
 Price: | $ 3600000 |
 Net Yield: | 7.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<p>Presenting an exceptional medical investment opportunity at 216 Old South Road, Old Reynella. This strategic commercial asset features a purpose-built medical facility with two established healthcare tenants - Reynella Family Care and BDK Health (Chiropractors).</p><p>The property occupies a prominent 2,000 square metre corner site in a high-exposure location along Old South Road, with an efficient building area of 810 square metres. The property generates a strong net rental income of $271,073 per annum, delivering an attractive yield for investors.</p><p>Both tenants are committed to long-term occupancy with Reynella Family Care secured until September 2027 with a 5+5+5 option structure, while BDK Health's lease extends to February 2027 with 3+3+3 options. The property benefits from annual rent reviews with Reynella Family Care at 3% and BDK Health at CPI.</p>
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<p>Old Reynella is an established southern suburb of Adelaide, located approximately 20km from the CBD. The area benefits from strong population growth and established infrastructure. The property occupies a prominent position on Old South Road, a major arterial route through Adelaide's southern suburbs.</p>
Additional Location Information File<p>The property features two established healthcare tenants:<ul><li><strong>Reynella Family Care</strong> - Primary medical practice with lease until September 2027 plus 5+5+5 options</li><li><strong>BDK Health (Chiropractors)</strong> - Allied health provider with lease until February 2027 plus 3+3+3 options</li></ul></p>
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<p>The property delivers a <strong>net income of $271,073 per annum</strong> with structured rental growth through <strong>3% annual increases for Reynella Family Care</strong> and <strong>CPI increases for BDK Health</strong>. The dual tenancy structure provides income diversification while maintaining focus on the stable healthcare sector.</p>
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<ul><li>Prime corner location on main thoroughfare</li><li>Purpose-built medical facility with established healthcare tenants</li><li>Substantial 2,000 sqm land holding with 810 sqm building area</li><li>Strong net income of $271,073 per annum</li><li>Secured long-term leases with established medical tenants</li><li>Structured rental growth through annual reviews</li><li>High-exposure corner position in growing suburban location</li><li>Township Main Street zoning offering development potential</li><li>Essential services tenancy mix providing stable income</li></ul>
