LJ Hooker Commercial Perth as Exclusive Agents are delighted to offer for sale via Offers Invited, 36/580 & 586 Newcastle Street, West Perth.

Both properties have recently been renewed on 5-year lease terms to Sonic HealthPlus Pty Ltd, a wholly-owned subsidiary of Sonic Healthcare Limited, boasting a market cap of $16.15b* & 37,000* employees globally.

36/580 & 586 Newcastle Street, West Perth are available for purchase individually^ or in-one-line, boasting the following key investment highlights.

36/580 Newcastle Street:
464sqm* strata unit across two levels
7 car parking bays accessed via Kingston Avenue
Current use Medical Suite & Occupational Health Services
Longstanding tenant having occupied since 2017
Brand-new 5-year lease term expiring Sept-27
Net passing income of $190,000 plus GST
Annual reviews to greater of CPI or 3%

586 Newcastle Street:
133sqm* of consulting rooms
High quality fitout
515sqm* of freehold land
Abundance of car parking via Kingston Avenue
Current use Medical Clinic
Longstanding tenant having occupied since 2013
Brand-new 5-year lease term expiring Sept-27
Net passing income of $56,568 plus GST
Annual reviews to greater of CPI or 2.5%
Future redevelopment potential zoned Mixed-Use R160

Location:
Located on the busy Newcastle Street, the properties are well exposed and easily accessible from the Freeway & major transport routes, being a short drive from Leederville, Perth CBD & various cafes and restaurants. Car bay access for staff and patients is off Kingston Avenue.

For access to the Information Memorandum, to book your inspection time or to simply discuss in more detail please feel free to email or call Exclusive Agents Jack Bradshaw (0439 095 336) and Jake Wallman (0403 975 298)..

* Approximate
^ Subject to Conditions