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27 Wyandra Street
Teneriffe QLD 4005
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Sold on 2 Aug 2021

27 Wyandra Street Teneriffe QLD 4005

  • Offices
  • 1,975 m²
  • Sold

8-year lease to ASX Medical facility

  • Net income $707,917 p,a*
  • Cochlear Ltd (ASX:COH)
  • Future development potential

Colliers is pleased to present a first class specialised medical facility to ASX listed covenant Cochlear Ltd on a 9.5-year lease. The asset is ideally positioned in the heart of one of Brisbane's most affluent suburbs just 1.5km* from Brisbane CBD. Teneriffe continues to experience major gentrification which will positively influence the future growth potential of 27 Wyandra Street, Teneriffe.

Key features include:
- Site area 1,975m²
- NLA 1,882m²
- Fixed 3% increases
- Net income $770,917 per annum*
- 10-storey development upside (STCA)
- Established purpose built medical facility
- 23 car parks (ratio1:82sqm)

27 Wyandra Street, Teneriffe is offered for saly by Tender closing Thursday 8 April 2021 at 5pm.

For more information, please contact the exclusive marketing agents at Colliers today.

*Approximately

TENDER

Closing date and timeAsk Agent
Recipient nameAsk Agent
Delivery addressAsk Agent
Colliers International Brisbane
Colliers International Brisbane
Level 5/1 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold2 Aug 2021
Floor Area1,975 m²
Land Area1,882 m²
EnergyAsk Agent
Parking23 x Onsite parkings
Property ID2016834945
Category
 Offices
 Development / Land
 Other
Last updated  2 Aug 2021
Map for 27 Wyandra Street Teneriffe QLD 4005

Nearest transport* to 27 Wyandra Street Teneriffe QLD 4005

Bus
Train
Tram
Ferry
Commercial Rd at Florence Street, stop 13124 m
Harcourt St at Hough Lane160 m
Harcourt St at Hough Lane246 m
Commercial Rd near Vernon Tce253 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
 *Within a 4km radius
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Colliers International Brisbane
Colliers International Brisbane
Level 5/1 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold2 Aug 2021
Floor Area1,975 m²
Land Area1,882 m²
EnergyAsk Agent
Parking23 x Onsite parkings
Property ID2016834945
Category
 Offices
 Development / Land
 Other
Last updated  2 Aug 2021

Listed by

Colliers International Brisbane
Call
07 3229 1233

Enquire about this property

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            More about 27 Wyandra Street Teneriffe QLD 4005

            27 Wyandra Street Teneriffe QLD 4005 is categorized as Office. It has a floor area of 1,975 m². There are 23 x onsite parkings.The listing ID for this property is 2016834945.

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