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170 Merthyr Road, New Farm QLD 4005

+10 Photos

+12 Photos

SOLD

170 Merthyr Road, New Farm QLD 4005

Properties / Sold / Queensland / New Farm

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Thursday 25 May 2023, 11am (AEST).

Property Type

Child/Healthcare

Sub-type

Health Care & Medical

Est. Income

$221,867 p/a

Show All

2. Property Highlights

Trophy Mixed Use Medical Asset

Prized New Farm corner site
Fully leased trophy holding
One of QLD's most affluent suburbs

Colliers is pleased to present an immaculate, trophy asset in the heart of New Farm. We are offering For Sale via onsite public auction on Thursday 25 May 2023, 11am (AEST).

Highlights of the opportunity include:

• Fully leased asset, anchored by a premium medical clinic

• Luxury Full Floor Penthouse Apartment

• Secure 13 year WALE (medical only)

• Rare net lease structure (medical only)

• Future development upside to increase GFA (STCA)

• High profile, corner New Farm site

• $221,867 net p.a.

• Walking distance to all amenity and public transport (400m* to Coles New Farm, 400m* to New Farm Park and 550m* to Powerhouse)

• Top 5 most affluent suburb in Brisbane – median house price of $2.94m* (Feb 2023)

• Median weekly household income of $2,069* and 34%* of households earn more than $156k* p.a.

170 Merthyr Road provides the opportunity to acquire an extremely rare, corner trophy asset in one of Brisbane's best suburbs.

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

*approximate

Remember to mention you found this property on CommercialReady

Property Type

Child/Healthcare

Sub-type

Health Care & Medical

Est. Income

$221,867 p/a

Wale

13 years

Selling Method

Auction

Selling Details

Thursday 25 May 2023, 11am (AEST).

2. Property Highlights

Trophy Mixed Use Medical Asset

Prized New Farm corner site
Fully leased trophy holding
One of QLD's most affluent suburbs

Colliers is pleased to present an immaculate, trophy asset in the heart of New Farm. We are offering For Sale via onsite public auction on Thursday 25 May 2023, 11am (AEST).

Highlights of the opportunity include:

• Fully leased asset, anchored by a premium medical clinic

• Luxury Full Floor Penthouse Apartment

• Secure 13 year WALE (medical only)

• Rare net lease structure (medical only)

• Future development upside to increase GFA (STCA)

• High profile, corner New Farm site

• $221,867 net p.a.

• Walking distance to all amenity and public transport (400m* to Coles New Farm, 400m* to New Farm Park and 550m* to Powerhouse)

• Top 5 most affluent suburb in Brisbane – median house price of $2.94m* (Feb 2023)

• Median weekly household income of $2,069* and 34%* of households earn more than $156k* p.a.

170 Merthyr Road provides the opportunity to acquire an extremely rare, corner trophy asset in one of Brisbane's best suburbs.