Property main details

Commercial

  • Sold
  • Medical/Consulting

Specifications

  • Property Type
    Medical/Consulting
  • Building
    200 m2

SOLID LEASED INVESTMENT PROPERTY WITH MEDICAL CONSULTING AND 8% YIELD

If ever there was an investment property worth looking at for your portfolio this would have to rate among one that deserves your full attention. Leased to an independent firm of specialist eye care practitioners, this company has just entered the second term of their three year option and has an additional three year option ahead of them. Presently the property is returning a net income of $64,000pa whilst, 100% of the outgoings paid by the tenant.

This suite is set on the first floor with an area of approximately 200m2. The current tenants have had an extensive fit out installed, comprising multiple consulting rooms, front reception, waiting room, lunch room and administration office. It could be suggested they look set to stay for the duration, its location making it ideal for their surgical consults in North Lake's adjacent medical precinct.

The building itself is approximately five years old, comprising ground floor retail with an additional two upper levels which are well subscribed by office and professional lessees and owner/occupiers. Other features include ducted air conditioning, undercover parking of which there are five spaces allocated to this suite and a service lift to the upper floors.

This property certainly has a lot to offer and you'll be investing in SEQ's fastest growing region with Costco, Westfield, Bunnings, Masters and Ikea. Contact Glen Mare today for an information memorandum and to arrange an inspection by appointment only.
CCR 6715675

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Unit 5/12 Endeavour Boulevard NORTH LAKES 4509, Queensland
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