High Yielding Medical Investment | Major South-East Queensland Growth Corridor
Description
Burgess Rawson is pleased to offer to the market 4 Jones Road, Withcott (Toowoomba) QLD for sale via our Investment Portfolio 168.
This opportunity has the following key investment highlights:
+ Established medical investment underpinned by three healthcare tenants – Sonic Healthcare, Withcott Medical Centre & Withcott Pharmacy
+ Set-and-forget net lease structure with tenants responsible for outgoings as per lease
+ CPI and fixed 3% & 4% annual rent reviews
+ Expansive 2,613sqm* freehold site with 80 metres* of direct frontage to Toowoomba Connection Road providing exposure to 21,000+ vehicles passing daily*
+ Purpose built medical centre, constructed in 2011, comprising of an impressive 464sqm* medical complex with 30 on-site car spaces
+ Lockyer Valley Region: significant growth corridor of south-east Queensland with $890 million in infrastructure projects currently underway and a population projected to increase to 58,542 by 2041
+ Net Income: $218,256 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Do you own a similar property?
Enquire
Contact agents
Craig Chapman Sales Executive
0427 110 132Tom Lawrence Sales Executive
0409 354 492Enquiry Form
Withcott, QLD
4 Jones Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 168
Contact agents
-
Craig Chapman Sales Executive
0427 110 132 -
Tom Lawrence Sales Executive
0409 354 492