High Yielding Medical Investment | Major South-East Queensland Growth Corridor

4 Jones Road, Withcott QLD

Property Highlights

Expansive 2,634sqm* freehold site
Located 5km* from Toowoomba CBD
Tenants pay outgoings as per lease
Register to Bid

Description

Burgess Rawson is pleased to offer to the market 4 Jones Road, Withcott (Toowoomba) QLD for sale via our Investment Portfolio 168.

This opportunity has the following key investment highlights:

+ Established medical investment underpinned by three healthcare tenants – Sonic Healthcare, Withcott Medical Centre & Withcott Pharmacy
+ Set-and-forget net lease structure with tenants responsible for outgoings as per lease
+ CPI and fixed 3% & 4% annual rent reviews
+ Expansive 2,613sqm* freehold site with 80 metres* of direct frontage to Toowoomba Connection Road providing exposure to 21,000+ vehicles passing daily*
+ Purpose built medical centre, constructed in 2011, comprising of an impressive 464sqm* medical complex with 30 on-site car spaces
+ Lockyer Valley Region: significant growth corridor of south-east Queensland with $890 million in infrastructure projects currently underway and a population projected to increase to 58,542 by 2041
+ Net Income: $218,256 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

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

*Approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
2,613 SQM
Building Area
464 SQM

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