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CBRE - Gold Coast

39 White Street Southport, QLD 4215

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39 White Street,
Southport, QLD 4215

Medical & Consulting • Offices

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CBRE - Gold Coast
Nick Selbie
Nick Kennedy
Mark Witheriff

CBRE - Gold Coast

Level 18, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
CBRE - Gold Coast
39 White Street
Southport, QLD 4215

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A-GRADE MEDICAL SUITE LEASED UNTIL 2033 BY MULTI-NATIONAL TENANT

  • Net income $704,357 pa
  • Long term multi-national tenant
  • High growth 5% annual reviews
CBRE Metropolitan Investments are pleased to present to the market Lot 19, Premion Place, Southport – an A-grade whole floor medical suite, fully leased to the ‘Icon Group’, an Australian-based multi-national medical provider, on a long-term net lease with high growth provisions.

Located within Premion Place - a landmark medical/commercial facility constructed in 2008 and positioned at the major intersection of Queen and High Streets, within 500m of Southport Private Hospital, Spendelove Private Hospital, and the Southport Health Precinct. Lot 19 occupies the entire 1,226sqm top floor with sweeping views from the Gold Coast Hinterland to the Southport Broadwater.

In the heart of the Gold Coast’s CBD, the property is also within close proximity to major arterial roads, the Southport South light rail station, Australia Fair Shopping Centre, numerous coffee shops, and restaurants.

The unit is securely leased to ‘Icon Group’, Australia’s largest cancer care provider on a long term 25-year net lease expiring in 2033 with a 5-year option thereafter. The lease provides high rental growth provisions via CPI or minimum 5% annual reviews, making this a true ‘set and forget’ investment opportunity.

(All areas, distances, figures are approximate only)

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Property ID: 504650416Last Updated: 15 Nov 2024

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