High Profile Medical Investment | Brand New 6 Year Net Lease
66 Churchill Street , Childers QLD
Burgess Rawson is pleased to offer to the market an established medical centre located at 66 Churchill Street, Childers QLD for sale via Private Treaty.
This opportunity has the following key investment highlights:
+ Brand new six (6) year net lease to 2029
+ Two (2) further six (6) year options to 2041
+ Fixed annual 3% rent increases with ratchet provisions at market review, ensuring rent cannot reduce
+ Tenant pays all outgoings including land tax
+ High profile 449sqm* freehold site with national tenants including McDonald’s, Subway, IGA, Australia Post & Sullivan Nicolaides Pathology all located within 350 metres* of the property
+ Prime position in a heavily dependent area on medical services, with over 51% of the surrounding population carrying one (1) or more medical conditions, ensuring long-term viability of the business
+ Conveniently surrounded by critical social infrastructure that supports the township including 3 schools, Childers Hospital & Childers Shopping Centre, anchored by Woolworths and supported by 5 specialty tenants
+ Childers: strategic regional city within the emerging Bundaberg Region, with over $4.2 billion in capital projects under planning or construction and a population growth of 42% by 2041
+ Net Income: $80,000 pa* + GST
For Sale by Private Treaty.
Please contact the exclusively appointed Burgess Rawson team for more information