JLL are pleased to offer Willetts Road Health & Medical Hub - 93 Willetts Road, Mount Pleasant QLD for sale via Expressions of Interest.
Key investment highlights include:
Ideally located adjacent to the 105-bed Mater Private Hospital Mackay and within the broader Mackay healthcare precinct.
The asset benefits from a well-established mix of complimentary tenants - many of which have been in occupation since the building's inception
Functional, health centric design with modern improvements and efficient intertenancy connectivity
Favourable annual review mechanisms tied to CPI or CPI plus percentage structures to ensure income growth is aligned with inflationary costs
A major, non-cyclical asset class, underpinned by defensive income streams and non-discretionary spending
Resilient local economy bolstered by interstate migration resulting in increased retail spending, population growth and housing approvals
Fully Leased Net Passing Income of $418,032* per annum plus GST
*Estimated
A 100% freehold interest in Willetts Road Health & Medical Hub is being offered via Expressions of Interest closing Thursday 10th November 2022 at 4pm (AEST).