Freestanding ASX Listed Medical & Fast Food Investment - Longstanding Anchor Tenants of 16+ Years
7-13 West Mall, Rutherford NSW 2320
Auction 15/05/24
OfficeSize: n/a
Block size: 867 m² approx.
Burgess Rawson is pleased to offer to the market 7-13 West Mall, Rutherford (Maitland) NSW for sale via our Investment Auction Portfolio 168.
+ Anchored by longstanding net lease to Pacific Smiles Dental to 2028 + options to 2038 (Pacific Smiles in occupation 16+ years)
+ Pacific Smile Dental: ASX listed dental powerhouse with 130+ locations^
+ Renewed lease to Domino's: multinational ASX listed fast food giant with a market cap of $3.86 billion & 18,000+ locations^^ (Domino's in occupation 23+ years)
+ Commercial centre supported by medical, fast food, retail and office tenants
+ Favourable rent reviews with a mix of CPI and fixed 3% annual rent increases
+ Highly desirable net lease structure with tenants responsible for all outgoings including land tax and property management (as per lease)
+ Expansive and well configured 867sqm* freehold landholding improved by an impressive 735sqm building
+ Future value add and development upside potential zoned E1: Local Centre with 2:1 FSR (STCA)
+ Immaculate dental facility and fit-out to Pacific Smiles Dental design standards offering cosmetic, orthodontics, periodontics, prosthodontics, dental surgery and much more
+ Strategic multidisciplinary location directly opposite Woolworths, Coles anchored Rutherford Shopping Centre, ALDI, Terry White Chemist, Rutherford Medical Centre and much more
+ Positioned just off the New England Highway, a major arterial servicing the east coast of NSW, with over 38,000 vehicles travelling daily^^^
+ Maitland: Economic output of $10.9m with the largest industry by employment being healthcare. Rutherford is located approx. 170km* north of Sydney CBD and 46km* to Newcastle CBD#
+ Maitland has been named the fastest growing regional area for FY22/23 with a current population of 476,654+ ##
+ Net Income: $262,667 pa* GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
*approx
^ pacificsmilesdental.com.au
^^ dominos.com.au & marketindex.com.au
^^^ gapmaps.com.au
# app.remplan.com.au
## gdevelopments.com.au & abs.gov.au
+ Anchored by longstanding net lease to Pacific Smiles Dental to 2028 + options to 2038 (Pacific Smiles in occupation 16+ years)
+ Pacific Smile Dental: ASX listed dental powerhouse with 130+ locations^
+ Renewed lease to Domino's: multinational ASX listed fast food giant with a market cap of $3.86 billion & 18,000+ locations^^ (Domino's in occupation 23+ years)
+ Commercial centre supported by medical, fast food, retail and office tenants
+ Favourable rent reviews with a mix of CPI and fixed 3% annual rent increases
+ Highly desirable net lease structure with tenants responsible for all outgoings including land tax and property management (as per lease)
+ Expansive and well configured 867sqm* freehold landholding improved by an impressive 735sqm building
+ Future value add and development upside potential zoned E1: Local Centre with 2:1 FSR (STCA)
+ Immaculate dental facility and fit-out to Pacific Smiles Dental design standards offering cosmetic, orthodontics, periodontics, prosthodontics, dental surgery and much more
+ Strategic multidisciplinary location directly opposite Woolworths, Coles anchored Rutherford Shopping Centre, ALDI, Terry White Chemist, Rutherford Medical Centre and much more
+ Positioned just off the New England Highway, a major arterial servicing the east coast of NSW, with over 38,000 vehicles travelling daily^^^
+ Maitland: Economic output of $10.9m with the largest industry by employment being healthcare. Rutherford is located approx. 170km* north of Sydney CBD and 46km* to Newcastle CBD#
+ Maitland has been named the fastest growing regional area for FY22/23 with a current population of 476,654+ ##
+ Net Income: $262,667 pa* GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
*approx
^ pacificsmilesdental.com.au
^^ dominos.com.au & marketindex.com.au
^^^ gapmaps.com.au
# app.remplan.com.au
## gdevelopments.com.au & abs.gov.au
Inspections
No open inspections scheduled.
Send an enquiry
Contact Geoff Sinclair to learn more about this property, request an inspection or take an online tour.
Auction
Wednesday 15 May, 10:30am
Yallamundi Rooms, Sydney Opera House
Key details
Property type:
Office
Block Size:
867 m²*
Other Details
Lot:
20
Plan Type:
DP
Plan:
206045
Legal description:
20/206045
Maps and area information
Block information
Block size: 867m² (approx)
Legal description: 20/206045
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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SummaryMedian sales
Average Age
37 years
Population
13,091
Listing ID: 182449363. This listing has been viewed 0 times. It was first displayed on 15/04/2024 and last updated on 18/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.