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1808 Logan Road
Upper Mount Gravatt QLD 4122
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Sold on 20 Oct 2021

1808 Logan Road Upper Mount Gravatt QLD 4122

  • Medical / Consulting
  • 1,275 m²
  • Sold

100% LEASED MEDICAL INVESTMENT WITH NET ANNUAL INCOME OVER $705,000

  • Fully leased net income of $705,099 +GST
  • 5.66* year WALE
  • Medical Investment

Ray White Commercial TradeCoast is pleased to present for sale via expression of interest, leased investments within Mount Gravatt Medical Precinct to be sold in one-line. The perfect opportunity for investors to purchase their own leased investments within a dedicated medical facility offering an annual net income of $705,099 + GST*.

These leased medical investments are being offered to the market for the first time and consist of four primary and allied health operators across 1275sqm*. Mount Gravatt Medical precinct is an architecturally designed, four- storey dedicated medical and specialist centre with 147 car parks which include 70 patient car parks and ambulance bay.

The centre sits approximately 12km* South of the Brisbane CBD in the suburb of Upper Mount Gravatt with 62,385* people located within a three-kilometre radius of the precinct.

Key Investment Highlights:
• Purpose built medical facility with leased tenants contributing to a long 5.66* year WALE.
• Complimentary mix of primary and allied health care professionals including: Ramsay Healthcare, One Care Family GP Clinic, CODA Disability Support and My OT Crew.
• Neighbouring businesses include: I-Med Radiology, Counsellors, Respiratory specialists, Gynaecologist, Psychologist
• Strategically located between Greenslopes Private Hospital and Sunnybank Private Hospital ideal for specialists and patients.
• Direct frontage onto Logan Road to over 37,137 vehicles daily (AADT as of 2020)
• Hospital grade lifts.
• Mt Gravatt Medical Precinct presents a unique opportunity to secure a defensive investment with security from global pandemic conditions.

Ray White Commercial TradeCoast are pleased to offer this rare medical investment for sale via expressions of interest closing Fri 15th Oct 2021 4pm.

* Approx.

Property Highlights

Date Sold20 Oct 2021
Floor Area1,275 m²
Land Area3,054 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017276792
Category
Last updated  21 Oct 2021
Map for 1808 Logan Road Upper Mount Gravatt QLD 4122

Property Highlights

Date Sold20 Oct 2021
Floor Area1,275 m²
Land Area3,054 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017276792
Category
Last updated  21 Oct 2021
Suite 3 28 Metroplex Ave Murarrie QLD 4172

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