Highgate Hill Doctor 196 Gladstone Road,
Highgate Hill, QLD 4101
Medical & Consulting • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Return
Map
Brisbane Medical Investment | 6.14% ($2,600,000)
WHAT
• Single tenanted investment leased to Highgate Hill Doctors - essential service medical practice first opened in 2017
• Owned by AusDocs Group who have 10 medical practices in QLD with 75 doctors
• Subleased by QML Pathology (ASX-listed Healius), one of over 600 locations across QLD
• 354sqm* building on a high profile 316sqm corner site
• Unrivalled exposure to over 29,700^ vehicles daily
• Net income of $159,640* + GST p.a.
WHERE
• Situated 2km* from the Brisbane CBD in the blue-chip suburb of Highgate Hill
• Close to Brisbane's biggest health, transport and education amenities
• The Princess Alexandra (1km) and Mater Hospitals (950m)
• Cross River Rail (850m), Dutton Park Train Station (950m) and Bus Stops (25m)
• University of Queensland (500m), Brisbane South State Secondary College (450m)
WHY
• A true passive investment, with the tenant responsible for all outgoings excluding land tax
• New 5-year lease to 2027, with annual reviews (greater of 3% or CPI)
• $400,000* invested into the fit-out since 2017 major refurbishment
*Approximately
^Sitewisely
• Single tenanted investment leased to Highgate Hill Doctors - essential service medical practice first opened in 2017
• Owned by AusDocs Group who have 10 medical practices in QLD with 75 doctors
• Subleased by QML Pathology (ASX-listed Healius), one of over 600 locations across QLD
• 354sqm* building on a high profile 316sqm corner site
• Unrivalled exposure to over 29,700^ vehicles daily
• Net income of $159,640* + GST p.a.
WHERE
• Situated 2km* from the Brisbane CBD in the blue-chip suburb of Highgate Hill
• Close to Brisbane's biggest health, transport and education amenities
• The Princess Alexandra (1km) and Mater Hospitals (950m)
• Cross River Rail (850m), Dutton Park Train Station (950m) and Bus Stops (25m)
• University of Queensland (500m), Brisbane South State Secondary College (450m)
WHY
• A true passive investment, with the tenant responsible for all outgoings excluding land tax
• New 5-year lease to 2027, with annual reviews (greater of 3% or CPI)
• $400,000* invested into the fit-out since 2017 major refurbishment
*Approximately
^Sitewisely
Explore property virtually
Virtual tours
Video
Additional information
External websites
Property ID: 504123995Last Updated: 30 Aug 2023
04503042...
Highgate Hill Doctor 196 Gladstone Road
Highgate Hill, QLD 4101
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$2,050,000
The Precinct A, 6/14 Browning Street,South Brisbane, QLD 4101 320 m²Offices • Medical & Consulting • Shops & Retail
Contact Agent
10 - 12 Cordelia,South Brisbane, QLD 4101 1648 m²Offices • Medical & Consulting • Development Sites & Land