Singleton Centre represents a compelling opportunity to secure a commanding medical, allied health and professional services investment in the heart of the Hunter Region.
This offering presents a rare opportunity for institutional investors, syndicators and astute private groups to secure a dominant position in a tightly held regional market, underpinned by essential infrastructure and long-term income security.
Strategically positioned on a substantial 6,874 sqm landholding in Singleton’s CBD, Singleton Centre is the region’s premier health-focused commercial asset. With 55% of its gross lettable area dedicated to medical and allied health services – including Singleton’s only public MRI machine – the property is a critical pillar of the local healthcare ecosystem. Its unique offering is further enhanced by the region’s only basement car park, providing unmatched convenience for tenants and visitors alike.
The asset is being marketed by Stonebridge Property Group’s Alexander James-Elliott and Philip Gartland, who note the property’s strong fundamentals and resilient income profile. With a weighted average lease expiry of five years and average annual rental reviews of 3.5%, Singleton Centre offers investors a secure and predictable income stream in a market experiencing sustained population and infrastructure growth.
Located approximately 200 kilometres north of Sydney and 80 kilometres from Newcastle, Singleton Centre benefits from direct access via the Hunter Expressway and sits at the gateway to the Hunter Valley’s mining and agricultural corridor. This strategic location positions the asset to capture ongoing demand from both the local community and the broader regional catchment.
“This is a rare opportunity to acquire a healthcare asset with entrenched tenant demand, essential infrastructure, and a strategic regional location,” said Alexander James-Elliott, Director at Stonebridge Property Group. “Singleton Centre is uniquely positioned to benefit from the ongoing growth in regional healthcare services and population expansion in the Hunter.”
With its combination of irreplaceable infrastructure, diversified tenancy mix, and dependable rental income, Singleton Centre stands out as a high-performing investment in one of New South Wales’ most dynamic regional markets.
The property is being offered for sale via Expressions of Interest, closing Thursday 2nd October 2024 at 4:00pm (AEST).
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