Property ID: L29985458 | Retail
Exclusive agents, Dugan & Co Property are proud to present, Ferny Fair Medical & Shopping Centre, 170 Patricks Rd, Ferny Hills, for Sale via Offers to Purchase.
This strategic medical & retail investment represents a rare opportunity to secure a rock-solid high returning asset with massive upside.
• All tenants on Net Leases
• Net income estimate of $427,281* net p.a. + GST
• Outstanding tenancy mix, WALE just under 4 years
• Resilient 33%-40%* medical industry anchor tenants including Amcal & Sonic Health
• Balance 60% long term f&b & service tenants
• Large prime 4,348sqm* allotment with massive 76m wide frontage
• Vehicle access via, Patrick Rd, Wandearah Cr, or Wingara Gr
• Three (3) designated car park areas with over 60* plus car spaces
• Further development upside & increase in lettable area STCA
Don't miss this rare opportunity to acquire a medical anchored centre with strong upside.
Contact exclusive agent, Paul Dugan, of Dugan & Co Property for further details.
*Approx.
