Burgess Rawson is pleased to offer to the market 1000 Logan Road, Holland Park QLD for sale via Expressions of Interest.
This investment has the following key investment highlights:
+ Freestanding inner-city healthcare investment with dual street access & direct frontage to a major arterial road
+ Diverse income stream provided through complimentary medical tenants and underpinned by long-standing Holland Park Family Medical Centre, Healius Pathology & Chempro Chemists
+ Healius Pathology (ASX: HLS): one of Australia's leading providers of private medical laboratory and pathology services with a current network 2,200+ sites
+ Chempro Chemists: one of the fastest-growing pharmacy groups in Australia with 150+ locations in South-East Queensland & Northern New South Wales
+ Landlord-favourable rent reviews with a mixture of annual CPI reviews & fixed increases
+ High-profile 1,583sqm* corner landholding with attractive 'MU3 Mixed Use (Corridor)' zoning allowing for a multitude of future redevelopment opportunities (STCA)
+ Established 553sqm* NLA single storey medical centre with a total of 34* valuable car spaces on-title including undercover parking
+ Centrally located in a dominant family/educational precinct with 23 schools within a 3km* radius of the property, which combine to service 10,474* students
+ Strategically located within 2km* to Greenslopes Private Hospital (owned by Ramsay Healthcare)
+ Positioned within immediate proximity of key retail amenities including Mt Gravatt Homemaker Centre & Mt Gravatt Plaza, featuring national retailers Coles, Woolworths, Bunning's, Spotlight, JB Hi-Fi & numerous specialties
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net Income: $274,126 pa* + GST
To be sold via Expressions of Interest
Closing 3pm AEST Thursday 15 August 2024
Please contact the exclusively appointed sales team for more information
*Approx.