Queensland Health Occupied Since New | Attention 10% Yield Buyers

4 Dorothy Street , Mornington QLD

Property Highlights

Significant 1,012 sqm* landholding
Leased to Queensland Health
4 residential units near town centre
Register to Bid


Burgess Rawson is pleased to offer to the market the Queensland Health investment at 4 Dorothy Street, Mornington (Mount Isa.) for sale via Investment Portfolio Auction 165.

This opportunity has the following key investments highlights:

+ Built in 2008 and leased to Queensland Health since new
+ Renewed 3 year lease to June 2026 plus options to 2028
+ Queensland Health: The overall public health service of Queensland with a network of 16 hospitals and health services along with the Queensland Department of Health
+ Occupied by Queensland Health to provide doctor and specialist accommodation in close proximity to the Mount Isa Hospital (65m* from the property)
+ Significant landholding of 1,012 sqm* with development upside, moments from Mount Isa City centre
+ Essential service investment crucial to hospital operations and servicing a city population of 18,727**
+ Includes 4 x two bedroom, two bathroom units leased together as one
+ Desirable annual CPI rental reviews
+ Single tenant minimum management investment
+ Strategic position moments from national retailers including Coles, Woolworths, Bunnings, McDonald’s, KFC, Subway and Kmart
+ Net Income: $97,134 pa*

For Sale by Investment Portfolio Auction^
10:30am AEST Thursday 7 December 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

^unless sold prior

Property Details

Current Tenant
Occupancy Type
Land Size
1,012 SQM
Building Area
272 SQM

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