A high profile healthcare investment for sale at 500 High Street, Epping has just launched to market leased to two ASX Listed tenants. Marketed by CBRE Healthcare and Social Infrastructure team of Jimmy Tat, Sandro Peluso and Marcello Caspani-Muto.

The property which features corner street frontage if positioned at the intersection of High Street and Childs Road with a WALE exceeding 5 years.

Being marketed by CBRE’s Healthcare and Social Infrastructure team of Jimmy Tat, Sandro Peluso and Marcello Caspani-Muto the subject property features leases to Capital Radiology and Slater & Gordon Lawyers.

Jimmy Tat said “Capital Radiology have who have only recently extended their lease have been at the site since 2013 and it is one of there best performing centres. This is exemplified through there 7.5 Year lease term – the group really do want to remain here for the long haul.”

“With both tenants being ASX listed in nature this also means all outgoings inclusive of land tax become the responsibility of the tenant which is a major plus for a number of buyers.”

Sandro Peluso added “Both tenancies feature extensive and capital-intensive fit outs and are highly trafficked. The substantial on-site parking is invaluable and with the additional corner exposure the subject tenancies really are known by all within the local area.”

“Adding to appeal – Pacific Epping is less than 1km* away so all the amenity required for leisure or work are at your fingertips. This is why so many tenants are attracted to the area and this is reflective in the 0% vacancy rate held within the wider centre at present.”

500 High Street, Epping features a combined passing income of $402,245p.a* + outgoings and land tax in addition to circa 1,600sqm of building area and over 113m* of street exposure.

The property is being sold via Expressions of Interest closing on Thursday July 22 at 2pm AEST. 

To request a copy of the Information Memorandum please contact one of the marketing agents, CBRE Healthcare and Social Infrastructure team via the contact form below.