I-MED Carina & Old Cleveland Road Clinic offers a prime opportunity to acquire a land-rich, highly sought-after medical investment leased to long-established allied health tenants with significant development upside.
• Newly refurbished dual building complex 7km* from Brisbane CBD
• 97%* of income underpinned from medical and allied health tenants
• Prime position with 82 metres* of frontage exposed to over 385,000* cars weekly
• Established tenants with a very long history of occupation in the centre
• Sizeable 5,714-sqm site with 93 car bays across three titles and ten allotments
• Flexible “District Centre Zoning” with potential to develop 4-storeys code assessable
• Strong annual rent reviews ranging between 3.5% and 4.00%
• Tenants include: Jenny Craig, Sullivan Nicolaides, Old Cleveland Road Clinic, Snap Fitness, QML, Pacific Rim Distributors, I-MED Radiology
• $727,342 p.a.* Net Income
FOR SALE VIA EXPRESSIONS OF INTEREST CAMPAIGN CLOSING WEDNESDAY 9TH DECEMBER 2020 AT 4.00PM (AEST).