4/4 Prendiville Avenue, Ocean Reef WA 6027

Flex Your Investment: Well established national medical tenant.

Exclusive agents, Realmark Commercial are pleased to present to market 4/4 Prendiville Avenue, Ocean Reef for sale via expression of interest closing Thursday 7th May 2026 at 4pm. This prime investment opportunity is part of an 4-unit strata-titled complex, strategically located within a vibrant retail and medical precinct that serves the Ocean Reef community. Neighbouring businesses includes Prendiville Medical Centre and Clinipath Pathology. The offering includes a ground floor strata unit having a floor area of 207sqm within the two-tenancy commercial complex. The tenancy comprises of a reception, main studio area, six consulting rooms & amenities. The unit is currently leased to APM Lifecare Trusco Pty Ltd as trustee for the LifeCare Physio (WA) , operating as 'Lifecare Physiotherapy Prendiville'.

Lease details:
• Corporate lease with 3 months gross rent bank guarantee
• Rent: $85,382 p.a, due for increase 1 July 2026
• New extension of lease including 3 year term with 2x 3 year options. Commencement 1 July 2025.
• Reviews: Fixed 3% p.a
• Title Details: Lot 4 on Strata Plan 30104 as contained within Cerficate of Title Volume 2056 Folio 192
• Permitted Use: Physiotherapy, Sports Medicine, Pilates, Massage, Podiatry and Allied Health and any other uses ancillary to those purposes
• Tenure: Physiotherapy consulting rooms carried on under the business name 'Prendiville Lifecare & Physiotherapy'
• Local Authority: City of Joondalup
• Zoning: Urban
• Outgoings: All paid by the tenant equating to $21,520.83 25/26FY

Sale Process:
For sale via expression of interest closing Thursday 7th May 2026 at 4pm.

For further information or to arrange an inspection, please contact the exclusive agents today.