SOLD
SOLD
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SOLD
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SOLD

Market Leading Medical Investment. 10 Year Lease Plus Options.

14 Ipswich Street, TOOWOOMBA CITY QLD

Property Highlights

New 10 year lease + options to 2037
Dual street frontage to highway
3% annual rental increases

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

Listing
Sale
Building Area
1 SQM

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