This Multi-tenanted free standing medical investment is anchored by IPN Doctors, a subsidiary of ASX Listed Sonic Healthcare, incorporated with the surgery is Bailey Road Pharmacy part of a group of 3 pharmacies across Deception Bay. Various professional services and NDIS funded tenants make up the remainder of the 24% of the total letting area over 2 levels.
The centre is poised for further strong rental growth through current conservative market rates and future allied health tenant mix.
The purchaser will also benefit from the large freehold corner block in one of the fastest growing regions in Australia, perfectly positioned minutes from all major retail and transport hubs and neighbouring North Lakes.
Key Features:
- Net Income (Per Annum): $447,003.04
- Multi-Tenanted across 6 tenancies
- WALE: 3.04 (Income)
- Anchored by IPN Doctors and Bailey Road Pharmacy (76% of Income)
- Professionally maintained and managed centre
- Centre recently undergone complete refurbishment
- 947m Net Lettable Area
- 3,068m Regular shaped corner block
To discuss further or receive a comprehensive Due Diligence pack, please contact the Exclusive Agents Robert Rey or Grant Brix from CPRM Property Group.
CPRM Property Group (QLD) Pty Ltd make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing. The information is general information only and any examples given are for illustrative purposes. As well as this, images with displayed markings are approximate.