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Brand New 5 Year Lease to Leading Specialist Disability Accommodation Provider

5 Nangar Street , Pimpama QLD

Property Highlights

5 Year Lease + Options to 2037
Government Supported Asset Class NDIS
> 3% or CPI Annual Increases
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Description

Burgess Rawson is pleased to present for sale two premium commercial grade Gold Coast healthcare investments:

5 Nangar Street, Pimpama QLD
97 Great Sandy Circuit, Pimpama QLD

Key attributes of these NDIS investment opportunities include:

+ Brand new 5 year leases to United Disability Care until 2027 + options to 2037
+ United Disability Care, a leading not-for-profit provider of specialised disability services across Australia
+ Constructed in 2019, allowing for significant tax depreciation benefits
+ Built to SDA High Physical Support Standards & exceeds the platinum LHA requirement
+ Recognised as one of the leading SDA group housing designs in Queensland and boasting over $100,000 spent in state-of-the-art assistive technology upgrades
+ Prime location in Mirvac’s multi award-winning Gainsborough Greens residential community featuring over 2,200 homes.
+ Australian Government is providing $22 + billion annually in funding to the NDIS over the next five years
+ Outstanding Rental Increases – the greater of fixed 3% or CPI annually
+ Less than 1km from the future $1.1Bn Pimpama Fast Rail project, providing heavy rail connectivity between Brisbane, Logan, Beenleigh, and the Gold Coast
+ Pimpama: population forecast to grow 60% to 36,528 by 2031
+ Net Income: 85,462.04 pa (GST Free)

5 Nangar Street, Pimpama & 97 Great Sandy Circuit, Pimpama will be auctioned individually as part of Burgess Rawson Portfolio Auction 151 – Thursday, 31 March 2022 commencing at 10:30am (AEST).

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
485 SQM
Building Area
203 SQM

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