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6/42 Ross River Road
Mundingburra QLD 4812
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Sold on 11 Dec 2023

6/42 Ross River Road Mundingburra QLD 4812

  • Medical / Consulting
  • 114 m²
  • Sold, $550,000

Tenanted Medical Investment

  • National Tenant, Occupied Since 2008
  • Tenant has perfect payment history
  • Ideal location for allied health users

We have a motivated seller who will consider all genuine offers, enjoy the benefits of positively geared returns, low maintenance and established companies providing reliable returns.

This high quality tenanted investment is leased to Attune Hearing, the largest audiology provider in Australia with more than 50 accredited locations nationwide. Their successful operations Australia wide provides all of their landlords with the confidence they need to invest in their long term locations, just like Unit 6 / 42 Ross River Rd, Mundingburra.

With Attune occupying one of six tenancies within this complex, ideally suited to smaller medical and allied health users but certainly isn't limited to those users, allowing professional office and other similar users for example cosmetic and beauty businesses.

The location is ideal for Attune's operations, positioned on one of Townsville's major arterial roads offering the best access to public transport and is positioned only meters from the Mater Private Hospital along with surrounding medical operations as well as being close proximity and on the direct route to the CBD and Townsville General Hospital.

The investment summary is as follows
- All outgoings paid by tenant
- Current tenant has occupied for more than 15 years
- Current net rental of $43,379 per annum plus GST
- Current lease term expires 31/10/2024 with 6 month notification renewal period
- Lease renewals include 2x 3 year options expiring 31/10/2030
- Includes 2 covered staff parks at the rear and ample patient / visitor parking
- Price Guide $550,000 To $575,000 sold as a going concern
- Indicative Return Rate: 7.50% net

For more information or to arrange an inspection, please contact James Pascoe or Daniel Packer from Pascoe Commercial

Pascoe Commercial
Pascoe Commercial
2/272 Sturt Street
Townsville City, QLD 4810

Property Highlights

Date Sold11 Dec 2023
Sold Price$550,000
Floor Area114 m²
Land Area146 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2018767366
Category
Last updated  19 Dec 2023
Map for 6/42 Ross River Road Mundingburra QLD 4812
Pascoe Commercial
Pascoe Commercial
2/272 Sturt Street
Townsville City, QLD 4810

Property Highlights

Date Sold11 Dec 2023
Sold Price$550,000
Floor Area114 m²
Land Area146 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2018767366
Category
Last updated  19 Dec 2023

Co-Agents

More about 6/42 Ross River Road Mundingburra QLD 4812

6/42 Ross River Road Mundingburra QLD 4812 is categorized as Medical & Consulting Property. It has a floor area of 114 m² and a land area of 146 m². The listing ID for this property is 2018767366.

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