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Highgate Hill Doctors, 196 Gladstone Road,
Highgate Hill 4101, Queensland

316m² land size
354m² building size
Medical/Consulting

Price withheld


Property details

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
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