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Far North Day Hospital, Level 4/58-62 McLeod Street, CAIRNS, QLD, 4870

2. Property Highlights

Immaculate Day Hospital Investment - Long Lease to 2032 Plus Options
  • 12 Year Head Lease to 2032 + options
  • Capital Intensive Upgrade in 2020
  • Annual Reviews + Ratchet at Market

+ 12 year head lease to 2032 plus options to 2047

+ Annual rent reviews with ratchet clause at market review

+ Tenant pays all usual outgoings

+ Impressive 950sqm whole floor, redeveloped and upgraded in 2020

+ Incorporates reception and waiting, two operating theatres, primary and secondary recovery rooms, oncology infusion centre, Central Sterile Supply Department (CSSD) and Pre and post-operative rooms

+ Cairns: gateway to Australia’s Great Barrier Reef, economic output of $10.25 billion and Australia’s 5th largest regional city with a rapidly growing population of 168,449 people

+ Net Income: $480,910 pa + GST

For Sale by Investment Portfolio Auction

10:30AM (AEDT) Wednesday 15 December 2021

River Room, Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

Far North Day Hospital, Level 4/58-62 McLeod Street, CAIRNS, QLD, 4870

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4. Due Diligence

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Far North Day Hospital, Level 4/58-62 McLeod Street, CAIRNS, QLD, 4870 Cairns
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