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21 Christine Street
North Booval QLD 4304
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Sold on 12 May 2022

21 Christine Street North Booval QLD 4304

  • Medical / Consulting
  • 4,587 m²
  • Sold

NDIS Backed Long-standing Assisted Living Facility - Brand new 15yr lease to 2037 plus options to 2057

    + 40 bedroom Level 3 accredited Residential Care facility
    + 4,587sqm site in the heart of the Ipswich growth corridor
    + Brand new 15 year lease to 2037 plus options to 2057
    + Tenant pays all outgoings including land tax
    + Greater of CPI or 2.5% annual rent reviews
    + Long term tenant of over 20 years in this location
    + Offering both disabled and aged care to the market
    + Secured by strong government funding NDIS set to receive over $100 billion in funding over the next 5 years
    + Net income of $190,000 per annum + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEST) Thursday 12 May 2022
    Hilton Hotel - Level 5

    AUCTION

    Auction date and time12/05/2022 10:30
    Auction locationThe Hilton, Brisbane

    Property Highlights

    Date Sold12 May 2022
    Floor AreaAsk Agent
    Land Area4,587 m²
    ParkingAsk Agent
    Property ID2017731765
    Category
    Last updated  13 May 2022
    Map for 21 Christine Street North Booval QLD 4304

    Property Highlights

    Date Sold12 May 2022
    Floor AreaAsk Agent
    Land Area4,587 m²
    ParkingAsk Agent
    Property ID2017731765
    Category
    Last updated  13 May 2022
    Level 12/127 Creek St Brisbane City QLD 4000

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