Tennyson Centre

Tennyson Centre

506-520 South Road, Kurralta Park

This property comprises a modern, two-level medical facility encompassing a range of medical service offerings across a total Net Lettable Area of approximately 6,568m2. The tenancy mix includes cancer specialists, pathology, radiology, imaging services and other specialist and allied health tenants. A communal conference centre, library and cafe is also provided. The centre currently has a WALE of 2.87 years (by income). The building comprises a front and rear entrance which is accessed from at-grade car parking around the perimeter of the building for 256 vehicles. Tennyson Centre is located on a 12,600m2 allotment with main road frontage to South Road. The property is located in the City of West Torrens LGA and is zoned ‘Suburban Activity Centre’ pursuant to the Planning and Design Code.

Property Summary

As at 31 December 2021 Tennyson Centre
506-520 South Road, Kurralta Park
  • $96.4m Market Value
  • 2.5yrs WALE
Asset class Ambulatory Care
Occupancy 99.8%
Major tenant ICON Cancer Centre
Market capitalisation rate 4.8%