384 Wollombi Road, Bellbird, NSW 2325

Burgess Rawson is pleased to offer to the market Reliance Health Bellbird located at 384 Wollombi Road, Bellbird (Cessnock) NSW for sale via our Investment Auction Portfolio 172.

This opportunity has the following key investment highlights:

+ 10 year net lease to 2031 plus 10 year option to 2041
+ Reliance Health: multi-disciplinary healthcare provider boasting multiple locations with 20+ GPs and allied health professionals
+ Multifaceted business offering general practice, women’s health, mental health, ECG, skin cancer treatment, x-ray, pathology and much more
+ Compounding fixed 3% annual rent increases, ensuring income growth
+ Highly desirable net lease structure with the tenant responsible for all outgoings including land tax and property management
+ High profile main road 1,375sqm* corner landholding improved by a 541sqm* medical facility with 108m* of combined triple street frontage offering parking for 17 cars
+ Purpose built freehold medical facility constructed in 2021, offering depreciation benefits
+ Strategic healthcare location in the Hunter Region with 38% of the population over the age of 50+
+ Cessnock: heart of NSW’s Hunter Valley, forecast to grow 72% by 2041, the third fastest in NSW
+ Net Income: $240,399 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.