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Brisbane Street Medical Centre, 10 Brisbane Street, IPSWICH, QLD, 4305

2. Property Highlights

High-Yielding SEQ Modern Medical Centre

Ray White Commercial are pleased to present Brisbane Street Medical Centre, a purpose-built medical centre for sale via Expression of Interest.

|What|

• A purpose-built medical facility first opened in 2015

• Offering 1,687sqm* of NLA over two levels with basement car parking

• Anchored by one of Ipswich's largest Medical Practice's - Limestone Medical Centre - with 12 full time GP's

• Supported by primary and secondary healthcare providers: Ramsay Health, Chempro Chemists, Sullivan Nicolaides & Open Arms Counselling (Commonwealth Government)

• Estimated Fully Leased Net Income of $625,146 + GST p.a.

• WALE of 3.24 years (by income)

|Where|

• Situated in the east of the Ipswich CBD - Queensland's fourth largest city just 30km* West of the Brisbane CBD

• Ipswich is one of the fastest growing LGA's in Australia, with population growth over 122% expected through 2041 to 520,000 residents

• Brisbane Street Medical Centre is situated on a commanding 1,226sqm corner site along one of Ipswich's main outbound arterials, and enjoys exposure to over 122,500** vehicles weekly.

|Why|

• A highly complementary tenancy mix who generate significant complementary internal referrals among tenants

• Significant depreciation benefits upwards of $3.6 million^ still available

• Secure long term leases in place to some of Australia's and Queensland's largest healthcare operators on landlord favourable net leases

• Situated amongst an expanding health hub which includes the Ramsay Health operated St Andrew's Private Hospital just 300m* from the centre

*Approximate

** Sitewisely

^PEP Solutions

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4. Property Location

Brisbane Street Medical Centre, 10 Brisbane Street, IPSWICH, QLD, 4305

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5. Due Diligence

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Brisbane Street Medical Centre, 10 Brisbane Street, IPSWICH, QLD, 4305 Ipswich
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