Retail for Sale, 799, 805 Old Cleveland Road & 24 Osterley Road, Southside, 4152

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For Sale - Retail

I-MED CARINA & OLD CLEVELAND ROAD CLINIC

Highlights

Newly refurbished in prime position
Long-established health/medical tenants
Strong annual rent reviews

Overview

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 *Approx FOR SALE VIA EXPRESSIONS OF INTEREST CAMPAIGN CLOSING WEDNESDAY 9TH DECEMBER 2020 AT 4.00PM (AEST).

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