Albany Hills Radius Medical Centre, 49 Old Northern Road,
Albany Creek, QLD 4035
Medical & Consulting
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JLL - Sydney
Level 27, 180 George StreetSYDNEY, NSW 2000
Albany Hills Radius Medical Centre, 49 Old Northern Road
Albany Creek, QLD 4035
Map of Albany Hills Radius Medical Centre, 49 Old Northern Road
Albany Hills Radius Medical Centre
- Net Operating Income of $538,317 pa*
- Longstanding Tenant Convenant
- Large allotment with favourable zoning
Under Contract
JLL are pleased to present for sale, a purpose-built multidisciplinary facility with major long standing tenants offering general practice medicine, pharmacy, dentistry, psychology and pathology. Situated on a substantial Centre zoned 4,109m² site, Radius Medical Centre offers a secure income stream via its impressive 8.25-year WALE*, underpinned by a strongly performing healthcare ecosystem of 30+ doctors on-site.
•Stand-alone, purpose-built facility that has been well maintained since construction in 2003.
•Underpinned by a significant 8.25-year* WALE, the centre offers a secure long term cashflow, supported by greater of CPI or 3.00% built-in annual reviews.
•A major, non-cyclical asset class with institutional appeal, underpinned by defensive income streams and non-discretionary spending.
•30+ medical specialists operating from the centre.
•Situated on a significant 4,109m² parcel of land in Albany Creek, Radius Medical Centre enjoys a prime location with desirable Centre zoning as per the Moreton Bay Regional Council Planning Scheme.
JLL are pleased to present for sale, a purpose-built multidisciplinary facility with major long standing tenants offering general practice medicine, pharmacy, dentistry, psychology and pathology. Situated on a substantial Centre zoned 4,109m² site, Radius Medical Centre offers a secure income stream via its impressive 8.25-year WALE*, underpinned by a strongly performing healthcare ecosystem of 30+ doctors on-site.
•Stand-alone, purpose-built facility that has been well maintained since construction in 2003.
•Underpinned by a significant 8.25-year* WALE, the centre offers a secure long term cashflow, supported by greater of CPI or 3.00% built-in annual reviews.
•A major, non-cyclical asset class with institutional appeal, underpinned by defensive income streams and non-discretionary spending.
•30+ medical specialists operating from the centre.
•Situated on a significant 4,109m² parcel of land in Albany Creek, Radius Medical Centre enjoys a prime location with desirable Centre zoning as per the Moreton Bay Regional Council Planning Scheme.
Property ID: 504570352Last Updated: 23 Jul 2024
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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