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Colliers - Brisbane

170 Merthyr Road New Farm, QLD 4005

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170 Merthyr Road,
New Farm, QLD 4005

Medical & Consulting • Shops & Retail • Offices

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Colliers - Brisbane
Nick Wedge
Hunter Higgins
Harry Dever

Colliers - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
Colliers - Brisbane
170 Merthyr Road
New Farm, QLD 4005

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Trophy Mixed Use Medical Asset

  • Prized New Farm corner site
  • Fully leased trophy holding
  • One of QLD's most affluent suburbs
Colliers is pleased to present an immaculate, trophy asset in the heart of New Farm. We are offering For Sale via onsite public auction on Thursday 25 May 2023, 11am (AEST).

Highlights of the opportunity include:
• Fully leased asset, anchored by a premium medical clinic
• Luxury Full Floor Penthouse Apartment
• Secure 13 year WALE (medical only)
• Rare net lease structure (medical only)
• Future development upside to increase GFA (STCA)
• High profile, corner New Farm site
• $221,867 net p.a.
• Walking distance to all amenity and public transport (400m* to Coles New Farm, 400m* to New Farm Park and 550m* to Powerhouse)
• Top 5 most affluent suburb in Brisbane – median house price of $2.94m* (Feb 2023)
• Median weekly household income of $2,069* and 34%* of households earn more than $156k* p.a.

170 Merthyr Road provides the opportunity to acquire an extremely rare, corner trophy asset in one of Brisbane's best suburbs.

For further information, contact the exclusive marketing agents at Colliers today.

*approximate

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Property ID: 504303460Last Updated: 26 May 2024

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