Market Leading Medical Investment 10 Year Lease Plus Options

Description

New 10 year lease to 2027 + options to 2037.
15 year practice within large facility – extended in 2015.
14 consulting rooms for podiatry, physiotherapy, naturopathy, exercise physiology and massage therapy.
One of Australia’s largest podiatry practices.
Two street frontages with purpose-built 22 space carpark.
1,548 sqm site within the St Vincents hospital precinct and 50 metres from The Range shopping Centre anchored by Woolworths.
Tenant pays all outgoings, (incl. Land Tax) as per lease.
3% annual increases and rent cannot decrease at the option.
Toowoomba – booming city 125 km west of Brisbane, with 115,000 population, set amidst economic growth mode with Wellcamp Airport, second range crossing under construction, Inland Rail link commissioned and QIC $500m upgrade of the Grand Central Shopping Centre.
Net Income: $165,000 pa + GST.

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Darren Beehag Partner
0411 226 223
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East Toowoomba, NSW

14 Ipswich Street

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