Inner Brisbane Medical Centre | 4.28 Year WALE
RWC Retail are proud to present 104 Haig Road, Auchenflower, QLD. For sale by Auction on Friday 14th March, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Inner-Brisbane freehold medical centre
• 421sqm* two-storey building
• WALE of 4.28 Years
• Brand new 5 year lease to Rosalie Milton Clinic (5 GP's)
• Supported by ASX-listed Sonic Healthcare (Sullivan Nicolaides Pathology) with options to 2032
• Potential for an additional 66sqm* tenancy to enhance the income profile
• Net Income of $132,340 + GST p.a.
|Where|
• Prominent 810sqm* land parcel across two titles, providing subdivision potential
• Brisbane city-fringe location, just 2km* West of the CBD
• In close proximity to key complementary amenities including the Wesley Hospital and University of Queensland
• Affluent catchment with a median household income 77% greater than the Queensland benchmark
|Why|
• Rich 130+ year combined medical history between the two tenants
• Potential value-add, repositioning and development upside
• 7 on-site car parks providing sought-after convenience in the catchment
• CPI & 3% annual reviews
|What|
• Inner-Brisbane freehold medical centre
• 421sqm* two-storey building
• WALE of 4.28 Years
• Brand new 5 year lease to Rosalie Milton Clinic (5 GP's)
• Supported by ASX-listed Sonic Healthcare (Sullivan Nicolaides Pathology) with options to 2032
• Potential for an additional 66sqm* tenancy to enhance the income profile
• Net Income of $132,340 + GST p.a.
|Where|
• Prominent 810sqm* land parcel across two titles, providing subdivision potential
• Brisbane city-fringe location, just 2km* West of the CBD
• In close proximity to key complementary amenities including the Wesley Hospital and University of Queensland
• Affluent catchment with a median household income 77% greater than the Queensland benchmark
|Why|
• Rich 130+ year combined medical history between the two tenants
• Potential value-add, repositioning and development upside
• 7 on-site car parks providing sought-after convenience in the catchment
• CPI & 3% annual reviews