Burgess Rawson from CBRE is pleased to offer to the market 156 Brunker Road, Adamstown (Newcastle) NSW, a premium freehold medical investment anchored by PRP Diagnostic Imaging, for sale via Investment Portfolio Auction 180.

The property has the following key investment highlights:

+ Anchored by longstanding net lease to PRP Diagnostic Imaging to 2029 with one (2) further five (5) year options to 2039
+ PRP Diagnostic Imaging: leading diagnostic imaging provider with 32 locations and growing, servicing 1 million+ patients annually, owned by IFM Investors & UniSuper with a combined $381 billion¹ Assets Under Management
+ Sunrise Fitness: highly established Newcastle fitness centre with a strong reputation and loyal customer base
+ Key 1,443sqm* freehold landholding improved by an expansive 836sqm* building area, including imaging facility & showroom
+ Extensive tenant-funded medical grade fit-out including CT, radiology, X-ray & nuclear medicine
+ Extremely important and valuable on-grade and underground parking for 27* cars
+ Secure rental growth with annual reviews of the greater of 4% or CPI and fixed 3%
+ Landlord friendly net lease with tenant paying all outgoings as per lease, including council rates, insurance, management fees and multi-holding land tax
+ Strategically located just 4km* to Newcastle CBD and in close proximity to national brands, McDonald’s, KFC, Harvey Norman & more
+ Newcastle: the largest city in NSW outside of Sydney and a key growth region that supports a population of 176,860 with a GRP of $22.72 billion²
+ Net Income: $305,067 pa* + GST

To be sold via Investment Portfolio Auction 10:30am (AEDT) Tuesday 21 October 2025, Yallamundi Rooms, Sydney Opera House

+ PRP Hornsby (Sydney), NSW
+ PRP Gordon (Sydney), NSW
+ PRP Erina (Central Coast), NSW

Please contact the exclusively appointed agents for further information.

*Approximate
1 IFM & UniSuper
2 profile.id / remplan