Sold by Michele Lay & Matthew Lay

An outstanding opportunity to acquire a tightly held medical investment in the centre of Kiama CBD, leased to a nationally recognised mental health provider, Headspace.

Positioned within Kiama's core commercial precinct, moments to retail amenities, transport and the beachfront, this asset offers secure income backed by an essential community service tenant on strong lease terms.

Investment Summary
• Tenant: Headspace (National Government Funded Medical Tenant)
• Lease: 5 years with 5 year option
• Rent Reviews: Fixed 4% annual increases
• Structure: Net lease (most outgoings payable by tenant)
• Net Income: Secure, recurring income stream
• Total Area: 250m² (approx.)
• Parking: 2 on title allocated secure, undercover car spaces

Investment Fundamentals
Current Rental: $83,283.12 per annum including GST
Yearly increases: 4% fixed
Commencement date: 1 October 2023
Option Period: 5 years

• Triple A "everyday necessity" tenant profile
• Fixed annual rental growth provides built-in yield escalation
• Defensive healthcare sector covenant
• Established mixed-use commercial/residential precinct

This is a rare opportunity to secure a blue-chip medical investment in a tightly held coastal market with long-term income certainty and fixed growth.

For further information, contact Matthew Lay on 0448 440 609 or Michele Lay on 0409 461 756

DISCLAIMER: Ray White Kiama has taken all care in preparing this information and uses its best endeavours to ensure that the information contained therein is true and accurate, however, accepts no responsibility in respect of any errors, inaccuracies, or misstatements contained herein. Ray White Kiama urges all clients to make their own enquiries to verify the information contained herein.

Explore the area

School catchments

Ss Peter and Paul Catholic Primary School Primary K-6 Catholic 0.26km
Kiama Public School Primary K-6 Government 0.63km
Kiama High School Secondary 7-12 Government 1.0km
Minnamurra Public School Primary K-6 Government 5.5km
Illawarra Environmental Education Centre Combined Government 8.0km
Jamberoo Public School Primary K-6 Government 8.2km
Shell Cove Public School Primary K-6 Government 8.7km
Gerringong Public School Primary K-6 Government 8.9km
Shellharbour Anglican College Combined K-12 Independent 8.9km
Flinders Public School Primary K-6 Government 10.2km
Stella Maris Catholic Primary School Primary K-6 Catholic 10.5km
Shellharbour Public School Primary K-6 Government 10.7km
Amity College Illawarra Campus Combined Independent 11.2km
Mount Terry Public School Primary K-6 Government 11.5km
Nazareth Catholic Primary School Primary K-6 Catholic 11.8km
Warilla High School Secondary 7-12 Government 12.1km
Corpus Christi Catholic High School Secondary 7-12 Catholic 12.2km
Barrack Heights Public School Primary K-6 Government 12.8km
Oak Flats High School Secondary 7-12 Government 12.9km
Albion Park High School Secondary 7-12 Government 13.2km
St Joseph's Catholic High School Secondary 7-12 Catholic 13.9km
Lake Illawarra High School Secondary 7-12 Government 14.7km
Calderwood Christian School Combined K-12 Independent 15.9km
Kanahooka High School Secondary 7-12 Government 20.5km
Dapto High School Secondary 7-12 Government 20.5km
Five Islands Secondary College Secondary 9-12 Government 21.2km
Illawarra Sports High School Secondary 7-12 Government 21.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.