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170 Merthyr Road, New Farm QLD 4005
Tenanted Investment
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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

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
170 Merthyr Road, New Farm QLD 4005
STEP 03 Contact a finance professional

Map: 170 Merthyr Road, New Farm QLD 4005

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Due Diligence Report

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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