SOLD | Manly Clinic Medical Centre, QLD
Patona Property is pleased to announce the sale of Manly Clinic Medical Centre (85 Clara Street, Wynnum QLD).
The sale price of $4,8000,00 reflects an initial yield of 5.89%.
Manly Clinic is a long-established general practise clinic that has been operating since 1956. A year ago, Manly Clinic was acquired by IPN Medical Centres, Australia’s largest network of medical centres – part of Sonic Healthcare (ASX:SHL).
Manly Clinic Medical Centre occupies a large 2,431sqm land holding in the healthcare precinct of Wynnum – a growing bayside suburb of Brisbane.
For more information on this transaction, please contact Sam Byrne (sam@patonaproperty.com.au | 0414 421 110).
