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PREMIUM FREEHOLD MEDICAL INVESTMENT NEXT TO NORTHERN BEACHES HOSPITAL
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Building 4/49 Frenchs Forest Road, Frenchs Forest NSW 2086

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OfficeSize: n/a
Block size: 1190 m² approx.
CBRE is pleased to present Building 4, 49 Frenchs Forest Road East, Frenchs Forest. The opportunity is a medical investment leased out to Northern Beaches Cancer Care on a desirable long term net lease providing the prefect defensive asset. The property is a two storey medical freehold building with basement and on grade car parking for 19 cars. The asset sits on a significant 1,190sqm of land located in the heart of Sydney's Northern Beaches Medical Precinct just a few doors up from the new Northern Beaches Hospital.  

Building 4, 49 Frenchs Forest Road, Frenchs Forest benefits from the following attributes:

100% Leased to Northern Beaches Cancer Care
Net rent of $458,829 per annum*
Valuable annual increases the greater of CPI or 3.75%
100% of outgoings paid by the tenant
Long term lease with options to 2047
Quality medical tenant providing the perfect defensive asset
Substantial tenant investment in the building and medical equipment
$1Billion of state government infrastructure investment into Frenchs Forest
The Northern Beaches Hospital Precinct Structure Plan proposes the phased delivery of approximately 5,360 dwellings and 2,300 new jobs to transition Frenchs Forest into the strategic centre of the Northern beaches.

*Approximate

Building 4, 49 Frenchs Forest Road East, Frenchs Forest will be sold via expressions of interest closing on Wednesday, 2 December 2020 at 4:00pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Aaron Arias to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Office
Block Size:1190 *
Stamp Duty:$358,490*
*These are approximate values based on available information.
CBRE Sydney

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Block information
Block size: 1190 (approx)
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Property history
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Suburb and property insights

Median salesMedian sales
Median Sale Price For Frenchs Forest
$1,585,000
Average Age
42 years
Population
13,473
Frenchs Forest's Property Profile
Frenchs Forest's Occupancy

Contact agents

CBRE Sydney

CBRE Sydney

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Aaron AriasCBRE Sydney
Nicholas HeatonCBRE Sydney
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Listing ID: 178915419. This listing has been viewed 1 time. It was first displayed on 12/11/2020 and last updated on 23/11/2020.
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