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Albany Hills Radius Medical Centre, 49 Old Northern Road, Albany Creek, QLD, 4035
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Albany Hills Radius Medical Centre, 49 Old Northern Road, Albany Creek, QLD, 4035

2. Property Highlights

Albany Hills Radius Medical Centre
  • Net Operating Income of $538,317 pa*
  • Longstanding Tenant Convenant
  • Large allotment with favourable zoning

JLL are pleased to present for sale, a purpose-built multidisciplinary facility with major long standing tenants offering general practice medicine, pharmacy, dentistry, psychology and pathology. Situated on a substantial Centre zoned 4,109m² site, Radius Medical Centre offers a secure income stream via its impressive 8.25-year WALE*, underpinned by a strongly performing healthcare ecosystem of comprising 30+ doctors on site. 

•Stand-alone, purpose-built facility that has been well maintained since construction in 2003.

•Underpinned by a significant 8.25-year* WALE, the centre offers a secure long term cashflow, supported by greater of CPI or 3.00% built-in annual reviews.

•A major, non-cyclical asset class with institutional appeal, underpinned by defensive income streams and non-discretionary spending.

•30+ medical specialists operating from the centre.

•Situated on a significant 4,109m² parcel of land in Albany Creek, Radius Medical Centre enjoys a prime location with desirable Centre zoning as per the Moreton Bay Regional Council Planning Scheme.

Albany Hills Radius Medical Centre is being offered via Expressions of Interest closing Thursday 16th May 2024 at 2pm (AEST).

Remember to mention you found this property on CommercialReady

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Simon Quinn
Simon Quinn
+61 *** *** *** show +61 409 261 276
Message
+61 409 261 276 simon.quinn@jll.com Message
Thomas Thorsen
Thomas Thorsen
+61 *** *** *** show +61 488 444 022
Message
+61 488 444 022 thomas.thorsen@jll.com Message

4. Property Location

Albany Hills Radius Medical Centre, 49 Old Northern Road, Albany Creek, QLD, 4035

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Albany Hills Radius Medical Centre, 49 Old Northern Road, Albany Creek, QLD, 4035 Albany Creek
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JLL - Sydney
JLL - Sydney
level 27, 180, George Street, Sydney, City of Sydney, New South Wales, Australia, 2000
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Simon Quinn
Simon Quinn
+61 *** *** *** show +61 409 261 276
Thomas Thorsen
Thomas Thorsen
+61 *** *** *** show +61 488 444 022
Enquire
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