Trophy Beachside Medical Investment


+ Essential service underpinned tenant in brand new facility
+ Brand new 10yr lease with 1x 10-year option
+ 148sqm ground floor retail tenancy under 9 storey residential tower
+ Prime location with frontage to Gold Coast Highway on signalised intersection
+ Tenant pays all outgoings (excl. Land tax) with 2.5% fixed annual rent reviews
+ Chempro Chemists – national operator with over 106 sites across Australia
+ Gold Coast: undergoing explosive growth – population is expected to grow 36% to 820,000 by 2035
+ 4 dedicated car parks on title
+ Palm Beach – significant trade area growth through increased high density residential development in the immediate surrounding area
+ Substantial first year depreciation on offer
+ Net income of $73,073 per annum

For Sale by Investment Portfolio Auction
11am (Brisbane Time) Wednesday 10 November 2021

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Contact agents
Neville Smith Partner
0400 068 205
Andrew Havig Partner
0478 010 990
Raoul Holderhead Partner
0413 860 304
Enquiry Form

Palm Beach, QLD

3 Twenty Third Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 148

Contact agents