Freehold Medical Building w/ Upside^ (Vendor Retiring)

Ray White Commercial (SC) is thrilled to present to the market this prime freehold commercial property located at 102 Balmoral Street, Hornsby. The vendor is retiring and offers the property to the market for the first time in 30 years with clear instructions to sell the property via Auction on Friday, 1 December 2023.

This boutique single level commercial space, currently operating as a respiratory and sleep consulting practice, offers a versatile layout including a spacious reception area, examination rooms, a treatment room, and associated amenities. With SP2 zoning, the property caters to various medical based uses, promising considerable future potential through renovation, rental enhancement, development, or strategic repositioning.^

Located in Hornsby, a prominent suburb in Sydney, the site offers a rare and valuable opportunity to acquire a premium medical asset within an established precinct. The limited supply of such facilities and the presence of an affluent sizeable catchment area makes this site attractive to both owner occupiers and investors.

Additional highlights of the asset include:
• Land area - 782 sqm*
• Internal area - 240 sqm*
• 50m* distance from Hornsby Ku-ring-gai Hospital
• Freehold commercial building
• Ample on-site parking
• Zoned SP2 - Health Services Facility
• Existing respiratory and sleep consulting practice
• Offered with Vacant Possession
• Settlement in April 2024
• 1.15 km* to Hornsby Train Station
• 1.8 km* to Mount Wilga Private Rehabilitation Hospital
• 3.6 km* to Sydney Adventist Hospital
• Great opportunity for owner occupiers or investors

The property is offered for sale via Auction on Friday, 1 December at 10am (AEDT). The Auction will be held at Ray White Corporate, Level 7, 44 Martin Place, Sydney NSW 2000.

For further information, please contact the exclusive selling agents.

* Approximately
^Subject to Council Approval

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