PRD Commercial Western Sydney have been appointed Exclusive Marketing Agents to offer 108 Wentworth St Blackheath.
The property is being offer For Sale by way of Expression of Interest closing 4pm, Thursday 30th November 2023
This is an extremely rare and exciting opportunity to purchase a rare freehold medical centre. A secure investment ideal to include in a commercial portfolio.
The property is leased to Balance Healthcare that owns and operates three GP Super-clinics.
Strategically located in the iconic Blue Mountains region, only 11km from world renowned global tourist centre of Katoomba.
The region is an integral part of the Outer Western Sydney growth corridor which is one of Australia's strongest economic and growth regions.
Located approximately 74kms to the new "third city of Sydney" Western Sydney Aerotropolis Precinct is due to open in 2026.
A real opportunity to secure a landmark building in a burgeoning catchment area.
PRICE GUIDE: $2,600,000 + (ex GST)
LOCATION
500 meters to Blackheath Station
39kms to Lithgow
65kms to Penrith CBD and Station
74kms to the new Western Sydney International Airport
118kms to Sydney CBD
PROPERTY SIZE
Ground Floor 229.1m2
First Floor 212.6m2
Total Building Area 441.7m2
Land Area 980m2
PROPERTY DESCRIPTION
The property features the following:
- Freehold medical centre
- 2 level commercial building
- Internal lift providing disability access
- Securely leased to quality tenant with multiple branches
- Returns $169,429 per annum (ex GST)
- Tenant pays 100% of the outgoings
- 12 month bank guarantee
- Lease Expiry 9th April 2032 + 5 year option
- Long established tenancy with trading history
- Substantial tenant fit out
- Full staff amenities
- Walking distance to train station
- On site car parking for staff and patients
- Zoned R3: Medium Density Residential
A Contract for Sale is available at the request of prospective purchasers.
For further details or to arrange a private inspection contact Exclusive Marketing Agents Robert Tappouras 0436 430 344 or Lauren Fitzpatrick 0455 178 765.
Note: All building and land areas quoted are approximate; prospective purchasers must make their own enquiries. All sale prices DO NOT include GST
The size of Blackheath is approximately 32.7 square kilometres. It has 29 parks covering nearly 20.7% of total area. The population of Blackheath in 2016 was 4396 people. By 2021 the population was 4672 showing a population growth of 6.3% in the area during that time. The predominant age group in Blackheath is 60-69 years. Households in Blackheath are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackheath work in a professional occupation.In 2021, 76.50% of the homes in Blackheath were owner-occupied compared with 73.30% in 2016.
Blackheath has 3,612 properties. Over the last 5 years, Houses in Blackheath have seen a 43.59% increase in median value, while Units have seen a 34.25% increase. As at 31 December 2025:
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