Property main details

Commercial

  • Sold
  • Medical/Consulting

Specifications

  • Property Type
    Medical/Consulting
  • Building
    354 m2
  • Land
    316 m2

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

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

Highgate Hill Doctors, 196 Gladstone Road Highgate Hill 4101, Queensland
Back to top