JLL are pleased to offer Willetts Road Health & Medical Hub - 93 Willetts Road, Mount Pleasant QLD for sale via Expressions of Interest.
Key investment highlights include:
• Ideally located adjacent to the 105-bed Mater Private Hospital Mackay and within the broader Mackay healthcare precinct.
• The asset benefits from a well-established mix of complimentary tenants - many of which have been in occupation since the building’s inception
• Functional, health centric design with modern improvements and efficient intertenancy connectivity
• Favourable annual review mechanisms tied to CPI or CPI plus percentage structures to ensure income growth is aligned with inflationary costs
• A major, non-cyclical asset class, underpinned by defensive income streams and non-discretionary spending
• Resilient local economy bolstered by interstate migration resulting in increased retail spending, population growth and housing approvals
• Fully Leased Net Passing Income of $418,032* per annum plus GST
*Estimated
A 100% freehold interest in Willetts Road Health & Medical Hub is being offered via Expressions of Interest closing Thursday 10th November 2022 at 4pm (AEST).
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Willetts Road Health & Medical Hub, 93 Willetts Road, Mount Pleasant, QLD, 4740