10 year Medical Leased Investment in Sydney’s Eastern Suburbs

The Details

Location
Sydney, NSW
Type
Medical
Purchase Price
$2,400,000
Rent
$130,088 net per annum
Yield
5.42%
Cashflow
$30,888 (70% LVR at 6.5% interest rate)
Total Return (incl. capital gains)
$150,888 (cashflow + growth)
Lease
Brand new 10 year lease with 1 x 10 yr option

Why We Love This Property

  • Well located medical asset in Eastern Suburbs of Sydney
  • Negotiated during DD the $200k fit-out contribution be paid out directly to tenant on receipt of Occupancy Certificate
  • Strong yield for a medical asset in an affluent Sydney suburb
  • Surrounded by other medical assets such as Chemist Warehouse and 2 major hospitals
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