Key Health, 2/205 Pacific Highway, St Leonards, NSW 2065

CBRE is pleased to offer to market Key Health, St Leonards (Sydney) NSW for sale via our Investment Portfolio Auction 185.

This opportunity has the following key investment highlights:

+ Five (5) year net lease to November 2028 plus one (1) further Five (5) year option to 2033.
+ Key Health: established Sydney GP group providing comprehensive primary care services across 7+ locations throughout Sydney, including general practice, women's health, mental health, pediatrics, skin cancer screening, and in-house pathology. (1)
+ Fixed 3% annual rent reviews throughout the lease term, providing compounding income growth.
+ Net lease structure with all outgoings payable by the tenant, as per lease.
+ Well-appointed 311sqm* ground floor medical practice with a modern, functional fit-out, plus 2 valuable secure car spaces on title. 
+ Premium medical precinct location, immediately adjacent to Royal North Shore Hospital (RNSH) - one of NSW's largest public teaching hospitals with 5,000+ staff, 600+ beds, and a primary referral catchment serving over 1.1 million people. (2)
+ Forum West is currently undergoing a $6 million capital works refurbishment nearing completion, incl. 57 new professional suites, upgraded amenities and end-of-trip facilities, a modernised foyer, and a $1 million lift upgrade.
+ Ideally positioned directly above St Leonards Station (Sydney Trains North Shore Line), and near the new Crows Nest Metro, further strengthening the precinct's already exceptional connectivity. (3)
+ St Leonards: thriving Lower North Shore suburb located just 5km* from the Sydney CBD, anchored by one of Sydney's largest hospital and healthcare precincts, with significant high-density residential growth underpinning long-term demand. 
+ Net Income: $147,367 pa + GST

To be sold via Investment Portfolio Auction 10:30am AEST Tuesday 23 June 2026 at the Sydney Opera House.

* Approx.
1 Key Health
2 Royal North Shore Hospital / Northern Sydney Local Health District
3 Key Health / Transport for NSW