110 Lang Street, Kurri Kurri, NSW 2327

parkingSpaces 14
|Medical/Consulting
|Other
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Published on: 05 Aug 2024
Last updated on: 10 Sep 2024
110 Lang Street, Kurri Kurri, NSW 2327
110 Lang Street, Kurri Kurri, NSW 2327
110 Lang Street, Kurri Kurri, NSW 2327
+13
110 Lang Street, Kurri Kurri, NSW 2327
  • 13
Property ID: 504648788
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Key property information

Floor Area
503.00 m2
Parking Spaces
14
Tenure Type
tenanted

Freehold medical centre investment

110 Lang Street, Kurri Kurri, NSW 2327
Knight Frank is pleased to present 110 Lang Street, Kurri Kurri, to the market For Sale.

The Property presents a unique investment opportunity featuring a fully leased, purpose built medical centre operated by one of Australia's largest corporate medical and dental centre providers. 

Key Features:
- The property boasts a 5-year lease term with options extending to 2038
- Leased to a subsidiary of ForHealth, a corporate operator with 70+ locations across Australia
- Net rental income of $193,545 per annum (excluding GST) from September 2025
- Favourable fixed 3.5% annual rental increases, provide stability and growth
- The property features a modern Torrens tile building with a quality fit-out and on-site parking
- Conveniently situated near the town centre, with easy access to public transport
- Kurri Kurri has experienced a remarkable 35% population growth from 2020 to 2023^

For further information or to arrange an inspection, please contact the listing agent.

*Approximate
^Source: ABS

Property Details

Basic Info

Property Type
Medical/ConsultingOther
Listing Status
On Market
Parking Spaces
14
Address
110 Lang Street, Kurri Kurri, NSW 2327
Brent Sinclair
Brent Sinclair
Suite 1, Ground Floor, 168 Parry Street, Newcastle West, NSW 2302
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Brent Sinclair
Brent Sinclair
Suite 1, Ground Floor, 168 Parry Street, Newcastle West, NSW 2302
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      Property ID: 504648788

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