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Highgate Hill Doctors, 196 Gladstone Road, HIGHGATE HILL, QLD, 4101
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Highgate Hill Doctors, 196 Gladstone Road, HIGHGATE HILL, QLD, 4101

2. Property Highlights

Brisbane Medical Investment | 6.14% ($2,600,000)

WHAT

• Single tenanted investment leased to Highgate Hill Doctors - essential service medical practice first opened in 2017

• Owned by AusDocs Group who have 10 medical practices in QLD with 75 doctors

• Subleased by QML Pathology (ASX-listed Healius), one of over 600 locations across QLD

• 354sqm* building on a high profile 316sqm corner site

• Unrivalled exposure to over 29,700^ vehicles daily

• Net income of $159,640* + GST p.a.

WHERE

• Situated 2km* from the Brisbane CBD in the blue-chip suburb of Highgate Hill

• Close to Brisbane's biggest health, transport and education amenities

• The Princess Alexandra (1km) and Mater Hospitals (950m)

• Cross River Rail (850m), Dutton Park Train Station (950m) and Bus Stops (25m)

• University of Queensland (500m), Brisbane South State Secondary College (450m)

WHY

• A true passive investment, with the tenant responsible for all outgoings excluding land tax

• New 5-year lease to 2027, with annual reviews (greater of 3% or CPI)

• $400,000* invested into the fit-out since 2017 major refurbishment

*Approximately

^Sitewisely

Remember to mention you found this property on CommercialReady

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Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137

3. Property Location

Highgate Hill Doctors, 196 Gladstone Road, HIGHGATE HILL, QLD, 4101

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4. Due Diligence

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Highgate Hill Doctors, 196 Gladstone Road, HIGHGATE HILL, QLD, 4101 Highgate Hill
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Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137
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