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281-285 Ross River Road, Aitkenvale, Qld 4814

281-285 Ross River Road, Aitkenvale, Qld 4814

Medical/Consulting Offices Retail

  • For Sale
  • Contact Agent

High Yielding Medical and Professional Office Building - Renewed 10 Year Lease to...

  • Renewed 10 year lease to 2028
  • Fixed 4% and 3.5% annual rent increases
  • Net Income $430,513 pa + GST

  • Land Area
  • 2428.00 m² (approx)
  • Floor Area
  • 1,624 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jun 14, 2019
  • Car Spaces
  • 45
  • Parking Comments
  • On site

Interested in this property? Contact an Agent today

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street

Brisbane City Qld 4000

Michael Collins, Cushman & Wakefield - Brisbane
Michael Collins

High Yielding Medical and Professional Office Building - Renewed 10 Year Lease to Medical Surgery

Cushman & Wakefield are pleased to present to the market 281-285 Ross River Road, Townsville for for Sale via Offers to Purchase.

The property has the following key characteristics:

• Long standing tenants, excellent occupancy history
• 10 year lease to multi-practice medical surgery
• Arthur J Gallagher - NYSE Fortune 500 Insurance company, market cap of $14.15 Billion
• Mater Health Services - Healthcare giant
• Queensland Government - North Queensland Persistent Pain Management Service
• Guaranteed rental growth - fixed 4% and 3.5% increases
• Large 2,428 sqm site with important and convenient 45 on title car parks plus on street parking
• High profile 60m frontage to major arterial road
• 300m to Stockland Townsville - Myers, Woolworths, BWS, Medibank, Comm Bank + more
• Strategically located amongst - Medical Centre, QML Pathology, Centrelink and Max Employment
• Townsville - Capital of North QLD, population of 186,757. GRP $13.38 Billion
• Net income $430,513 pa + GST

For more information please contact the Exclusive agents at Cushman & Wakefield.

281-285 Ross River Road, Aitkenvale, Qld 4814

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