![]() Asset Class: | Medical |
![]() Price: | $ 5650000 |
![]() Net Yield: | 6.81 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | On Market |
This property presents a secure and stable investment, anchored by well-established tenants with long-term leases. The location is a key healthcare precinct, just 1km from the Shoalhaven District Hospital, recently redeveloped with a $438 million investment. Positioned in the heart of Nowra’s CBD, the property benefits from proximity to Australia Post, Woolworths, and Nowra Plaza Shopping Centre, ensuring high visibility and convenience.<br><br>The Shoalhaven region boasts a population of 142,936, projected to grow by 30% by 2051. This demographic growth, coupled with the booming South Coast economy, strengthens the area’s appeal for businesses and healthcare services. Attractive rental terms include a mix of fixed 4% and CPI reviews, ensuring consistent income growth. Additionally, the property offers potential for future value-add opportunities (STCA), making it a flexible and strategic investment.<br><br>With a prime location, robust tenant profile, and strong regional growth, this property is an unparalleled investment opportunity in a thriving NSW market.
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57 Junction Street, Nowra (South Coast) is strategically located within close proximity to Nowra CBD, with over 24m* frontage to Junction Street. The property neighbours national upermarket tenant Woolworths and the the Junction Street retail strip including the Nowra Mall, that is anchored by strong supermarket tenants Aldi and Coles. The asset also neighbours national tenants Australia Post, Chemist Warehouse, ANZ, Commonwealth Bank, Priceline Pharmacy, Optus and Cotton On. The Shoalhaven District Memorial Hospital is currently undergoing $438m redevelopment, and is situated less than a 3 minute drive (1km*) from the subject site.<br><br>Shoalhaven's population is predicted to grow by more than 30% to 142,936 people by 2051<br><br>Shoalhaven Region supports a strong economy with a GRP of $7.25 Billion <br><br>17th most populous place in NSW with a greater Shoalhaven region population of 109,418<br><br>Nowra sits 162km south of Sydney CBD directly within the City of Shoalhaven Council. The suburb serves as the primary retail, commercial and adminstrative capital of the Shoalhaven Shire. The town boasts a strong retail sector with strong connectivity, being easily accessible to Sydney via train, and has a well-connected bus system throughout. <br><br>Shoalhaven boasts a thriving population in New South Wales south coast backed by thriving property markets in idyllic locations.<br><br>The population of the Shoalhaven region is predicted to grow by more than 30% to 142,936 people by 2051.<br><br>Shoalhaven Gross Regional Product has increased over 26% in the last 5 years with an increase in total employment by 16.4%. <br><br>Large projects currently underway in the Shoalhaven region which are set to benefit the region for decades to come include the Nowra Bridge Upgrade ($342 million), Shoalhaven Hospital Redevelopment ($438 million) and Resource Recovery Facility ($110 million).
Additional Location Information File<b>Sonic Healthcare</b><br><br>Sonic Healthcare Limited is an ASX listed global healthcare company headquartered in Sydney, Australia with a market cap of $15.62 billion*. The company is a leading provider of medical diagnostics services, offering a broad range of laboratory and pathology testing services to patients and healthcare providers worldwide.<br><br>Sonic Healthcare operates in eight countries, including Australia, the United States, the United Kingdom, Germany, Belgium, Switzerland, Ireland, and New Zealand. The company has a network of over 400+ laboratories and more than 30,000 employees, including pathologists, medical scientists, and support staff. As a publicly listed company, Sonic Healthcare is committed to delivering sustainable growth and value to its shareholders. The company has a strong track record of delivering consistent earnings growth and has a reputation for strong financial management and governance. Sonic Healthcare is a leading global healthcare company that plays a vital role in the delivery of high-quality diagnostic services to patients and healthcare providers worldwide.<br><br><br><b>Southern.IML Pathology</b><br><br> + Southern.IML Pathology is part of Sonic Healthcare<br><br> + Sonic Healthcare Pathology is the largest pathology provided in Australia<br><br> + Over 70 licensed collection centres strategically located throughout the NSW South Coast<br><br>Southern.IML are headquartered in Wollongong, and have laboratories in Nowra and the Wollongong Private Hospital, in addition to 70 licensed collection centres strategically located in population centres from Engadine to Narooma on the NSW South Coast. <br><br>The laboratories are equipped with modern instrumentation, which is operated and maintained by a team of highly qualified and experienced laborarotory personnel. The laboratories are fully accredited with the National Association of Testing Authorities (NATA) and the Royal College of Pathologists Australia. <br><br>Southern.IML Pathology provides a comprehensive private pathology service and is the largest private pathology practice in the region with approximately 350 members of staff.<br><br><br><b>Vision XRAY Group </b><br><br>Vision XRAY Group are a progressive medical imaging practice who began in 2002, with City XRAY providing the highest quality imaging service, in the Sydney CBD. <br><br>The organisation has grown continuously including practices in Sydney Northern Beaches, Wollongong, Nowra and Bowral. Since its inception Vision XRAY Group has operated a comprehensive modern digital network offering computed radiography, digital radiography and an online imaging archiving system (RIS/ PACS) that distributes results (images and reports) to our referrers. They offer comprehensive services including, general x-ray, fluoroscopy, ultrasound, CT scan, MRI scan, dental x-ray and cone beam CT, mammography, bone densitometry and nuclear medicine.<br><br> Vision XRAY Group hold 9 locations across NSW; from Martin Place to Dee Why to Norwa they have the state covered. Shoalhaven Medical Imaging - Nowra:<br><br>Conveniently located in Nowra CBD, Shoalhaven Medical Imaging (SMI) prides itself on providing professional and friendly services through staff who are passionate about their local community. The modern Nowra radiology service provides referrers with an excellent diagnostic facility to help them care for their patients and assist with patient needs. The services they offer include: general x-ray, screening x-ray, ultrasound, mammography, CT scanning, MRI, dental imaging and image guided procedurs.<br><br><br><b>Walsh & Monaghan</b><br><br>Walsh & Monaghan have a 100+ year history going back to 1923 as a stock and station agency service, real estate sales and valuation and property consultancy group, however over a period of 70 years community needs changed, so Walsh & Monaghan streamlined to sharpen focus on its expertise in property valuation and consultancy services. <br><br>Today they are one of the leading valuation and property consultancy firms in NSW. With offices in Sydney, Woollongong, MIttagong, Nowra and Merimbula, its valuers travel statewide and interstate, providing specialised valuation and consultancy services for a myriad of projects with some of Australia's largest national and multinational companies, including Westpac, Commonwealth Bank, NAB and ANZ.<br><br>Special Services Walsh & Monaghan offer include:<br>+ Acquisition/Compensation + Asset Reporting<br>+ Capital Gains Tax + Estate<br>+ Expert Witness + Family Law/Dispute Resolution <br>+ Finance + Going Concern<br>+ Rating and Taxation + Stamp Duty and Superannuation
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57 Junction Street, Nowra - 1,417sqm - $272/sqm (Average across site) 132 Junction Street Nowra - 349sqm - $224/sqm (Inferior property - not ground floor) Limited information available due to medical in nature. More to be produced during DD.
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Negotiated Price: $5,650,000<br>Asking Price: $6,000,000<br><br><br><span style="color:rgb(51, 51, 51);">Substantial Freehold Landholding - 2,821sqm* site with parking for 37 cars - Improved by a 1,186sqm* building with NLA of 1,417sqm</span><br><br>Anchored by Sonic Healthcare (ASX: SHL): Renewed 10 Year Lease to 2031 - Plus options to 2041<br><br>Annual Rent Reviews: Mixture of CPI and Fixed 4% - Ensuring long term income growth <br><br>Key NSW Healthcare Precinct: 1km* to Shoalhaven District Hospital Shoalhaven region population of 142,936<br><br>Sonic Healthcare Ltd (ASX:SHL): internationally renowned and world leading healthcare provider, employing more than 30,000 staff with a current market cap of $15.62 billion.**<br><br>Renewed lease to Vision X-Ray Group to 2026 + options to 2036 (in occupation 20+ years)<br><br>Vision XRAY Group: medical specialist centre focusing on radiology, x-ray, CT, ultrasound and much more with 9 locations in NSW<br><br>Renewed lease to Walsh & Monaghan to Nov 2025 + options to 2028 (in occupation 19+ years)<br><br>Walsh & Monaghan: leading property valuers of 100+ years with offices in Sydney, Nowra, Wollongong, Mittagong, and Merimbula<br><br>Potential future upside and value add (STCA)<br><br>Attractive rental reviews with a mix of fixed 4% and CPI reviews.<br><br>Booming South Coast location with a Shoalhaven region population of 142,936+, which is expected to surge 30% by 2051^^.<br><br>Strategic position in the heart of Nowra’s CBD, adjacent Australia Post, neighbouring Woolworths, Nowra Plaza Shopping Centre & 1km* to Shoalhaven District Hospital<br><br>Shoalhaven District Hospital: Recent $438m redevelopment funded by the NSW Government, implementing purpose-built amenities.