Entry Level Freehold Medical Opportunity | 10 Year Net Lease + Options to 2044

Description

Burgess Rawson is pleased to offer to the market this highly exposed corner landholding at 34 William Street, Kilcoy QLD for sale via our Investment Portfolio Auction 176.

The opportunity has the following key investment highlights:

+ Renewed 10 year net lease to 2034 plus options extending to 2044
+ Medical First Group: a well-established national network that operates 15 medical centres across 4 states in Australia^
+ Compounding fixed 3% annual rent increases, ensuring income growth
+ Attractive net lease with tenant responsible for 100% of all usual outgoings as per the lease, including land tax (single holding basis)
+ Substantial 809sqm* highly exposed corner landholding in the heart of Kilcoy
+ Outstanding dual street frontage of 59m*, providing significant exposure to vehicular and pedestrian traffic
+ Strategic medical position amongst Kilcoy Hospital and Ambulance Station
+ Surrounded by complimentary medical services including pharmacy, pathology and dental
+ Tenant scheduled upgrade works plus expansion potential (STCA)
+ Kilcoy: part of the Somerset Region, covering the largest land area of Southeast Queensland and producing a Gross Regional Product of $1.36b^^
+ Net Income: $118,450 pa* + GST

To be sold by Investment Portfolio Auction 176
10:30am AEST Thursday 15 May 2025
Brisbane

Please contact the exclusively appointed sales team for more information

*Approx
^medicalfirstgroup.com
^^economy.id.com.au

Enquire

Contact agents
Darren Beehag Partner
0411 226 223
Craig Chapman Sales Executive
0427 110 132
Enquiry Form

Kilcoy, QLD

34 William Street

For Sale by Portfolio Auction
Thursday 15th May 10:30AM

This property is part of Portfolio 176

Price: Contact Agent

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