Sportsmed office
Adelaide, South Australia
Property Summary
As at 30 Jun, 2019
Asset class:
Medical office building
Market value:
A$4,500,000
Market capitalisation rate:
6.00%
WALE:
16.6 years
Occupancy:
100%
Major tenant:
Sportsmed SA
Location:
36 George Street, Stepney
Wale:
16.6 years
Sportsmed office is located in the suburb of Stepney approximately four kilometres north-east of Adelaide’s CBD, in South Australia. It is adjacent to Sportsmed SA hospital & clinics which incorporates a state of the art dedicated orthopaedic facility and is the largest of its type in Australia.
Sportsmed office houses the administration and executive offices of Sportsmed SA. It is a two storey building with medium-term redevelopment potential to support clinical growth at Sportsmed.
