Investment Property new
For Sale
  • Healthcare

    • Blue Chip Medical Investment with Long Wale & Triple Net Lease - Rural View, Mackay Qld

    1-3 Old Eimeo Rd, Rural View, QLD 4740 Australia
    Investment Property new
    For Sale
  • Healthcare

    • Blue Chip Medical Investment with Long Wale & Triple Net Lease - Rural View, Mackay Qld

    1-3 Old Eimeo Rd, Rural View, QLD 4740 Australia
    Building Size
    1,329 SQM
    Energy Rating
    0.0
    Building Size
    1,329 SQM
    Energy Rating
    0.0

    OVERVIEW

    Cushman & Wakefield has the exclusive privilege of offering 1-3 Old Eimeo Road, Rural View for sale. Rural View, a Modern single story medical centre 100% occupied by Family Health Care Mackay Group. 


    We summarise the key investment features of the property as follows:


    - Unmatched income security from a 10-year triple net lease, with fixed 3.00% annual reviews.

    - Remaining lease term of 7.39 years*^ with 4 x 5 year options out to December 2050.

    - Strong tenant covenant featuring a whole of land lease to a subsidiary of Better Medical Group.

    - Dominant land holding featuring a prominent 5,603sqm* corner site.

    - Abundant on-site parking, featuring on-site at-grade parking for 80 bays (1:17sqm* of NLA). 

    - Passing net income of $650,118*^PA.


    *Approximately | ^As at 1 August, 2023


    For sale via Expressions of Interest closing at 4pm (AEST) on Thursday 24 August, 2023.


    If you would like further information or would like to arrange an inspection or access to the Due Diligence material, please contact the exclusive selling agents.

    - Queensland - North
    Key Features
    • 10-year Triple Net Lease
    • Remaining lease term of 7.39 years*
    • Dominant land holding of 5,603sqm*

    Details

    Building Size:
    1,329 SQM
    Sale Price:
    Contact us for pricing
    Energy Rating:
    0.0

    LOCATION

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