Market Leading Medical Investment. 10 Year Lease Plus Options.
14 Ipswich Street, TOOWOOMBA CITY QLD
Property Highlights
Description
– New 10 year lease to 2027 + options to 2037
– 15 year practice within large facility – extended in 2015
– 14 consulting rooms for podiatry, physiotherapy, naturopathy, exercise physiology and massage therapy
– One of Queensland’s largest podiatry practices
– Two street frontages with purpose-built 22 space carpark
– 1,548 sqm site within the St Vincents hospital precinct and 50 metres from The Range Shopping Centre anchored by Woolworths
– Tenant pays all outgoings including land tax
– 3% annual increases and rent cannot decrease at the option
– Toowoomba – booming city 125 km west of Brisbane, with 115,000 population, set amidst economic growth mode with Wellcamp Airport, Inland Rail link commissioned and QIC $500m upgrade of the Grand Central Shopping Centre
– Net Income: $165,000 pa + GST
Auction 11am Tuesday 27 June 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Property Details