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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. 

Contact

Georgie Huxley
Asset Manager