27 Wyandra Street Teneriffe QLD 4005

Offices
1,975 m²
Sold

8-year lease to ASX Medical facility

Net income $707,917 p,a*
Cochlear Ltd (ASX:COH)
Future development potential

Colliers is pleased to present a first class specialised medical facility to ASX listed covenant Cochlear Ltd on a 9.5-year lease. The asset is ideally positioned in the heart of one of Brisbane's most affluent suburbs just 1.5km* from Brisbane CBD. Teneriffe continues to experience major gentrification which will positively influence the future growth potential of 27 Wyandra Street, Teneriffe.

Key features include:
- Site area 1,975m²
- NLA 1,882m²
- Fixed 3% increases
- Net income $770,917 per annum*
- 10-storey development upside (STCA)
- Established purpose built medical facility
- 23 car parks (ratio1:82sqm)

27 Wyandra Street, Teneriffe is offered for saly by Tender closing Thursday 8 April 2021 at 5pm.

For more information, please contact the exclusive marketing agents at Colliers today.

*Approximately

TENDER

Closing date and time	Ask Agent
Recipient name	Ask Agent
Delivery address	Ask Agent

Property Highlights

Date Sold	2 Aug 2021
Floor Area	1,975 m²
Land Area	1,882 m²
Energy	Ask Agent
Parking	23 x Onsite parkings
Building Type	Whole building
Property ID	2016834945
Category	Offices Development / Land Other
Last updated	1 Aug 2021

Map for 27 Wyandra Street Teneriffe QLD 4005

Property Highlights

Date Sold	2 Aug 2021
Floor Area	1,975 m²
Land Area	1,882 m²
Energy	Ask Agent
Parking	23 x Onsite parkings
Building Type	Whole building
Property ID	2016834945
Category	Offices Development / Land Other
Last updated	1 Aug 2021