1-3 Zillman Road, Hendra, QLD, 4011

Colliers is pleased to present, for sale, Hendra Medical & Wellness Centre.

Hendra Medical & Wellness Centre is a flagship investment opportunity for medical funds, private syndicates, and high net worth individuals who are attracted to significant long-term leases to well-established medical groups. Hendra Medical and Wellness Centre is a brand new 733m2 purpose-built medical facility with 25 on-grade car parks. The centre is 100% leased to respected groups Medicross Medical for 10 years (plus 2x5 year options) (CLICK HERE to website) and Kieser Training for 12 years (plus 1x10 year option) (CLICK HERE to website). The rental income for the centre is further bolstered with a commitment from Stillmark Holdings for a Telstra communication tower establishing an 11 year wale with approximately $409,825.00 net income in the first year. Situated in the affluent suburb of Hendra approximately seven (7) kilometres from the Brisbane CBD, the building has a highly prominent location on Zillman Road with exposure to 25,000 cars passing daily. The is well serviced by public transport with Hendra Train Station only 100 metres, and Hendra Bus Station 50 metres from the subject site.

This very robust medical asset will provide a purchaser a complementary addition to an established property portfolio or deliver a solid foundation for a new entrant seeking their own medical investment. A 100% interest on an ‘as is/where is’ basis in the freehold of Hendra Medical and Wellness Centre located on 1-3 Zillman Road, Hendra is available for sale via Expressions of Interest closing Wednesday 6th April 2022 at 4pm.

Remember to mention you found this property on CommercialReady.com.au