Diagnostic imaging clinic portfolio fetches $18.6m
Three PRP Diagnostic Imaging backed investments sold at auction yesterday.
The priciest, in Hornsby, west of Sydney (pictured, top), traded for $9.5 million – a 5.44 per cent yield.
At Adamstown, a south west Newcastle suburb, a facility exchanged for $5.85m – a 5.21pc return.
Meanwhile a centre at Erina, near Terrigal, on the NSW Central Coast, fetched $3.225m.
That result reflected a seven per cent yield.
Burgess Rawson from CBRE’s Yosh Mendis and Geoff Sinclair were the agents (continues below).
One to go
The properties were offered as part of a bulk auction event in Sydney where $51.475m traded – a 91pc clearance rate.
A fourth PRP facility, at Gordon, north of Sydney, failed to sell.
Last week we reported a Blacktown asset anchored to the group traded for $19.55m – a sub five per cent yield.
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