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11/1-17 Hershel Court, URRAWEEN, QLD, 4655
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11/1-17 Hershel Court, URRAWEEN, QLD, 4655

2. Property Highlights

Queensland Government / Medical Investment
  • Secure lease and options to 2027
  • Potential depreciation benefits
  • Located in medical precinct

+ Secure Government lease with options through to 2027

+ Tenant pays all usual outgoings as per the lease

+ Queensland health in occupation since construction in 2018

+ Annual CPI rental review with ratchet clause

+ Large 422 sqm ground level tenancy with additional 40 sqm mezzanine storage

+ Capital outlay in excess of $1.5 million for modern office fit-out and fibre optic tunnel linking Madsen Medical and Hervey Bay Hospital

+ Net Income: $128, 466 pa* + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 3rd August 2021 at Yallamundi Rooms, Sydney Opera House

*approx

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

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Craig Chapman
Craig Chapman
+61 *** *** *** show +61 427 110 132
Kieran Bourke
Kieran Bourke
+61 *** *** *** show +61 417 418 007

3. Property Location

11/1-17 Hershel Court, URRAWEEN, QLD, 4655

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4. Due Diligence

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11/1-17 Hershel Court, URRAWEEN, QLD, 4655 Urraween
Burgess Rawson - Queensland
Burgess Rawson - Queensland
Level 12, 127 Creek Street, Brisbane City QLD 4000
View Agency Profile
Craig Chapman
Craig Chapman
+61 *** *** *** show +61 427 110 132
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
Kieran Bourke
Kieran Bourke
+61 *** *** *** show +61 417 418 007
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