Colliers introduce the Benson Portfolio  for sale, comprising two premier medical-grade investment properties leased to Benson Radiology,  one of Australia's largest privately owned radiology practices.  

The first property is located at 115 Main South Road, Morphett Vale, and features a 1,558sqm  building on a 3,258sqm landholding, leased to Benson Radiology with options until 2045. The asset  generates a net income of $326,390 per annum and a WALE of 8.8 years by income as of 1 February 2025. The property is zoned as a Suburban Activity Centre within the City of Onkaparinga in  Morphett Vale, the largest suburb in South Australia, approximately 25 kilometres south of the  Adelaide CBD. Strategically located near Christie's Beach, Port Noarlunga, and the McLaren Vale  Wine region, the property is highly accessible and visible.  

The second property, situated at 44-46 Adelaide Road, Gawler South, boasts a site area of 2,026sqm  and a 907sqm building area. Currently generating an estimated net income of $373,230 per annum  and a WALE of 10 years as of 1 February 2025. Gawler South, approximately 43 kilometres north of the Adelaide GPO, is South Australia's oldest country town and is positioned near the Barossa and  Clare Valley winemaking regions.  

National Director of Capital Markets and Investment Services Alistair Mackie commented, "These  assets represent a unique opportunity to secure long WALE investments with a strong medical  specialist tenant profile. The properties are strategically located in high-growth areas, ensuring  sustained demand and rental growth.  

"Investors will appreciate the stability and security offered by Benson Radiology's long-term lease,  which underscores the reliability of this investment. The combination of prime locations, high quality tenants, and robust lease terms makes this portfolio attractive for those seeking both  stability and growth in their investment portfolio."

Jordan Schmidt, Head of Office Capital Markets & Investment Services | South Australia, added,  "Adelaide's commercial property market has demonstrated remarkable resilience and growth,  making it an attractive destination for investors. The city's affordability compared to other Australian  capitals, coupled with strong demand and limited supply, has driven significant increases in property  values.  

"The stability and growth potential of the Adelaide market further enhance the appeal of this  investment opportunity. We anticipate significant interest from both national and international  investors, given the strength and reliability of Benson Radiology as a tenant and the overall positive  outlook for the Adelaide commercial property market." 

The Benson Portfolio is being offered for sale either in-line or separately, exclusively by Colliers  selling agents Alistair Mackie and Jordan Schmidt via a National Expressions of Interest (EOI)  campaign, closing at 3pm (ACST) on Wednesday, 9 April 2025. 

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