1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031
1/2 Boomerang Loop Banksia Grove, WA 6031

1/2 Boomerang Loop Banksia Grove, WA

Sold on 26 May 2022

Property Type Health, Retirement and Aged Care
Asking Price Sold for $2,650,000
Floor Area 386 m²
Land Area

Medical Investment with Long Term Lease in High Growth Catchment

LJ Hooker Commercial Perth are pleased to present for sale the strata interest in the medical investment opportunity at 1/2 Boomerang Loop, Banksia Grove.

Secured by an ultra-long-term lease to Grow Medical Group, the 386sqm medical centre comprises a waiting room/reception, 2 administrative offices, 8 perimeter consulting rooms, a pathology lab & a central treatment room.

The property is situated within the Grandis Centre, a recently constructed commercial building that also comprises a Childcare Centre & Dental Practice, located in the rapidly developing suburb of Banksia Grove.

Investors will be attracted to the opportunity to secure a quality medical investment in what is a highly sought after and emerging asset class, providing an annual net income of $180,250 plus GST with built in rental growth via attractive 3% annual reviews.

Key Investment Highlights

• Ample car parking with 74 shared bays across wider development
• As-new building and fit-out allowing for substantial depreciation benefits
• Banksia Grove a growing suburb with dwellings expected to increase by 21% by 2031.
• Favourable demographic profile with 45.9% of the population couples & families, with a further 16.2% representing young families
• 1-minute drive to recently opened Grandis Primary School & St. John Paul II Catholic Primary School
• 4-minute drive to Banksia Grove Town centre comprising Coles, Woolworths, Aldi plus many more national retailers
• Secure long-term lease to 2030 with options to 2040
• Built in rental growth with 3% annual rental increases
• Net passing income of $180,250 plus GST, with tenant paying all usual outgoings

To obtain a copy of the information memorandum, or to arrange an inspection, please contact the exclusive selling agents LJ Hooker Commercial.


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