131 Spencer Street,
Gatton, QLD 4343

Burgess Rawson is pleased to offer to the market the Lockyer Valley Medical Centre located at 131 Spencer Street, Gatton QLD for sale via our Investment Portfolio Auction 164.

This opportunity has the following key investment highlights:

+ Anchored by a brand new (6) year net lease to 2029 to Lockyer Valley Medical Centre
+ Two (2) further six (6) year options to 2041
+ Lockyer Valley Medical Centre: privately owned & operated medical practice with over 40 years’ experience in the Gatton community
+ Supported by sub-leases with options to both 4Cyte Pathology & Lockyer Valley Skin Clinic
+ Favourable fixed 3% annual rent increases, ensuring future income growth
+ Landlord friendly net lease terms with tenants paying all outgoings as per lease
+ Impressive 404sqm* purpose-built facility constructed in 2019 with 13 on-site car spaces
+ Well-positioned 1,100sqm* landholding situated in Gatton’s CBD, surrounded by various national tenants including KFC, ALDI, Kmart, Subway, IGA & Domino’s
+ Conveniently positioned in close proximity to Gatton’s major retail amenities including 300m* from Gatton Square Shopping Centre, underpinned by national retailers Coles, McDonald’s and supported by numerous specialty stores
+ Surrounded by integral social infrastructure, directly opposite the Lockyer Valley Sports & Aquatic Centre, Gatton Indoor Equestrian Centre & Gatton State School, and within 5km* of The University of Queensland’s Gatton Campus
+ Lockyer Valley Region: significant growth corridor of south-east Queensland with $890 million in infrastructure projects currently underway and a population projected to increase to 58,542 by 2041
+ Net Income: $215,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 26 October 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.