Expressions of InterestCnr Peelwood Parade & Mahogany Drive
Cnr Peelwood Parade & Mahogany Drive Halls Head WA 6210
Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1871m2
Land area: 5957m2
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Halls Head Medical Centre - Outstanding, secure investment opportunity
RWC WA & JLL as Exclusive Selling Agents on behalf of RAM are delighted to offer to the market Halls Head Medical Centre for sale by Expressions of Interest (EOI)
Healthcare real estate has evolved into a major emerging asset class with institutional appeal underpinned by its non-cyclical income stream, increasing demand supported by a higher life expectancy and an ageing population in Australia. Additionally, significant government investment and the growth of the Private Health Insurance sector has boosted healthcare expenditure to new heights.
Salient details:
Halls Head Medical Centre: 1, 3 & 5 Peelwood Parade, 66 Mahogany Drive, 1&2/70 Mahogany Drive and 1 Elderberry Circle, Halls Head WA 6210.
Halls Head Medical Centre is positioned in the coastal suburb of Halls Head, some 75km* south of Perth's vibrant Central Business District (CBD). Positioned nearby to an abundance of local amenity and opposite Halls Head Central Shopping Centre and Halls Head Shopping Mall, the Medical Centre offers a complimentary mix of healthcare services. Anchoring the income, Modern Medical Clinics has serviced the local catchment for 20+ years and is well established within the broader area.
• Fully leased medical centre with WALE by Area of 6.88 years
• Underpinned by a highly reputable medical centre operator with 80+ locations nationwide
• Seven specialist medical buildings over seven lots, NLA 1,871m²* and 5,957m²* site with three street frontages
• Diversified income stream leased to Modern Medical Clinics, Clinipath Pathology (subsidiary of ASX listed Sonic Healthcare) and Pharmacy
• All tenants have two 5 year options further underpinning lease security
See MoreProperty Details for Cnr Peelwood Parade & Mahogany Drive, Halls Head
Building Type
Commercial
Floor Size
1871m2
Land Size
5957m2
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About Halls Head 6210
The size of Halls Head is approximately 11 square kilometres. It has 43 parks covering nearly 17.4% of total area. The population of Halls Head in 2011 was 13,043 people. By 2016 the population was 13,875 showing a population growth of 6.4% in the area during that time. The predominant age group in Halls Head is 10-19 years. Households in Halls Head are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Halls Head work in a trades occupation. In 2011, 71.3% of the homes in Halls Head were owner-occupied compared with 74.8% in 2016.
Halls Head has 7,688 properties.
There are currently 40 properties listed for sale, and 8 properties listed for rent in Halls head on OnTheHouse. According to CoreLogic's data, 440 properties were sold in the past 12 months in Halls head.
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