Property ID : 129680
For Sale Contact Agent - Retail
Affordable Medical Investment in Popular Shopping Centre
FAL Property are pleased to present this rare medical investment available for sale via Offers to Purchase. The property is situated in the The Hub Convenience Centre in Burpengary, and benefits from it’s close proximity to the Bruce Highway and respective overpass.
The property constitutes four strata titled units leased by one tenant, being The Hub Medical Centre. Outside of general practitioners, the tenant offers physiotherapy, podiatry, hearing and psychology services, making it one of the busiest providers in the area and ensuring it’s long term viability.
Property Features include:
– Long term tenant on 9 year term (1×8 year option)
– Net income: $222,961.80 pa
– Four units leased to one tenant
– 677sqm NLA
– Multiple offerings under single tenant
– Depreciation benefits – schedule available upon request – ability to increase annual return to $235,970.00 PA (approx)
Single tenant medical investments offering multiple allied health services rarely become available in this market, so to arrange an inspection or request more information, contact FAL Property Group today.