1352 Creek Road Carina QLD 4152

Burgess Rawson are pleased to offer to the market 1352 Creek Road, Carina QLD 4152 for sale via Investment Portfolio Auction 175.

The property has the following investment highlights:

+ Five (5) year net lease to an Allied Health Clinic until 2027 plus five (5) further five (5) year options until 2052
+ Allied Health Clinic: known for its compassionate, professional, and down-to-earth environment, creating a space where clients feel supported throughout their recovery journey
+ Tenant responsible for 100% of outgoings as per the lease
+ Fixed 3% rent increases, ensuring income growth
+ Current rental below market value with open market review at the end of each lease term, next due in 2027
+ Significant 789sqm* freehold site with direct access to Old Cleveland Road, servicing 60,000+ vehicles daily*
+ Located in 7km* from Brisbane CBD in a strong trade catchment with over 50,000* residents within a 3km* radius
+ Recently refurbished 214sqm* NLA building constructed with 10 consulting rooms
+ Strategically positioned within 450m* of the 185 bed Belmont Private Hospital, offering seamless integration with the hospital's facilities and
specialists
+ Perfectly located within 450m* of Westfield Carindale, anchored by Coles, Woolworths, Kmart, Myer, David Jones, McDonald's, KFC, and supported by 350+ speciality stores
+ Carina: the median house price has surged by 26.4% in the past 12 months, reflecting the area's growing market demand
+ Net Income $81,452 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 27 March 2025
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx