Lot 1, 3 Barry Marshall Parade, Murdoch WA 6150

+ 15 year lease to May 2029
+ Net Rent $183,383 pa
+ High Profile Street Frontage

Situated in the SJOG Wexford Medical Centre directly opposite Fiona Stanley Hospital is this 251sqm street front Leased Pharmacy Investment.

New 15 Year Lease to May 2029 with annual CPI increases and market reviews 3 yearly.

Currently leased to May 2029

Net Rent $183,383 pa

Features

+ Net Rent $183,383 pa
+ Leased to May 2029
+ Annual CPI increases (market 3 yearly)
+ Established operator
+ Busy Street front location
+ Investor friendly net Lease with the tenant paying for all usual outgoings
+ Located on the St John of God Murdoch Private Hospital campus, comprising 511 beds
+ Located opposite Fiona Stanley Hospital the main tertiary hospital in the south metropolitan area with 783 beds
+ Murdoch Medical Precinct identified by the State Government to be the health research, medical care, higher education and innovation hub of the southern corridor

For further information or to arrange an inspection, please contact the exclusive selling agent Rob Selid.

*Approx
** (STCA) Subject to Council Approval