CBRE is pleased to present to market 455 South Pine Road, Everton Park - a highly sought-after healthcare investment opportunity strategically located in the heart of the Everton Park retail precinct.
Some of the key highlights include:
• An impressive healthcare investment with a diverse income profile over 2 tenancies with exposure to medical/allied health (64%) and childcare (36%) - positioned less than 8km* north-west of the Brisbane CBD.
• 1,112sqm* Medical centre secured by a 10-year lease^ to Go2 Health which is one of the largest Veteran Care practices in Australia with a focus on the Australian Defence Force.
• Complemented by a 112 place childcare centre on a 20 year lease^ to Harmony Early Learning - a strong operator with 18 centres along the Eastern Seaboard.
• Situated in the heart of a prominent mixed use town centre incorporating retail (Woolworths Everton Park), residential (Fable Residences - 57 luxury town homes) and other national retailers.
• Prominently positioned 2,629sqm* corner site along South Pine Road, a major thoroughfare with a dominant dual frontage of 98m*.
• Significant depreciation benefits and a tax effective income stream with construction completed in 2020.
• The continual supply constraints and rising construction prices places this asset well below replacement costs.
• Fully leased net income $1,039,000 per annum
455 South Pine Road, Everton Park is being offered for sale via Expressions of Interest closing Thursday 9th May 2024 at 4pm (AEST).
For further information on this unique opportunity please contact the exclusive sales and marketing agents.
* Approximate. ^As at 1 April 2024
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