Sold
Highgate Hill Doctors, 196 Gladstone Road,
Highgate Hill 4101, Queensland
Price withheld
Property details
-
Agents
Brisbane Medical Investment | 6.14% ($2,600,000)
WHAT
• Single tenanted investment leased to Highgate Hill Doctors - essential service medical practice first opened in 2017
• Owned by AusDocs Group who have 10 medical practices in QLD with 75 doctors
• Subleased by QML Pathology (ASX-listed Healius), one of over 600 locations across QLD
• 354sqm* building on a high profile 316sqm corner site
• Unrivalled exposure to over 29,700^ vehicles daily
• Net income of $159,640* + GST p.a.
WHERE
• Situated 2km* from the Brisbane CBD in the blue-chip suburb of Highgate Hill
• Close to Brisbane's biggest health, transport and education amenities
• The Princess Alexandra (1km) and Mater Hospitals (950m)
• Cross River Rail (850m), Dutton Park Train Station (950m) and Bus Stops (25m)
• University of Queensland (500m), Brisbane South State Secondary College (450m)
WHY
• A true passive investment, with the tenant responsible for all outgoings excluding land tax
• New 5-year lease to 2027, with annual reviews (greater of 3% or CPI)
• $400,000* invested into the fit-out since 2017 major refurbishment
*Approximately
^Sitewisely
• Single tenanted investment leased to Highgate Hill Doctors - essential service medical practice first opened in 2017
• Owned by AusDocs Group who have 10 medical practices in QLD with 75 doctors
• Subleased by QML Pathology (ASX-listed Healius), one of over 600 locations across QLD
• 354sqm* building on a high profile 316sqm corner site
• Unrivalled exposure to over 29,700^ vehicles daily
• Net income of $159,640* + GST p.a.
WHERE
• Situated 2km* from the Brisbane CBD in the blue-chip suburb of Highgate Hill
• Close to Brisbane's biggest health, transport and education amenities
• The Princess Alexandra (1km) and Mater Hospitals (950m)
• Cross River Rail (850m), Dutton Park Train Station (950m) and Bus Stops (25m)
• University of Queensland (500m), Brisbane South State Secondary College (450m)
WHY
• A true passive investment, with the tenant responsible for all outgoings excluding land tax
• New 5-year lease to 2027, with annual reviews (greater of 3% or CPI)
• $400,000* invested into the fit-out since 2017 major refurbishment
*Approximately
^Sitewisely
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Contact Michael Feltoe
Contact Michael Feltoe
Michael Feltoe
Highgate Hill Doctors, 196 Gladstone Road, Highgate Hill QLD 4101
Request a callback
Michael Feltoe
Highgate Hill Doctors, 196 Gladstone Road, Highgate Hill QLD 4101