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10 Brisbane Street
Ipswich QLD 4305
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10 Brisbane Street Ipswich QLD 4305

  • Medical / Consulting
  • 2,882 m²
  • For Sale, For Sale - $8.15 Million

FOR SALE PRIME MODERN MEDICAL & ALLIED HEALTH INVESTMENT, IPSWICH QLD

  • Modern Medical Centre - 100% Leased
  • Dynamic Mix of Allied Health Tenants
  • High Exposure Location in Ipswich CBD

Brisbane Street Medical Centre, Ipswich comprises a modern, two-level complex with basement parking, featuring a dynamic mix of 7 medical and allied-health tenants including Ramsay Psychology (Ramsay Health Care), Chempro Chemists, the Australian Government-owned Open Arms Veterans Service and Limestone Medical Centre - one of Australia's longest standing medical centres with some 12 practicing GP doctors.

The purpose-built complex was constructed in two stages (2011 and 2015) and features parking for 27* vehicles with a central passenger lift servicing all levels.

Brisbane Street Medical Centre occupies a high-profile location in the Ipswich CBD and is within 30* radial kilometres west of Brisbane. Ipswich is the fourth largest city (LGA) in Queensland with a current population of over 242,600* residents, which is forecast to reach over 529,000* residents by 2046, reflecting a forecast annual growth rate of 5.1%*.

The property appreciates excellent pedestrian and vehicle access and exposure by virtue of its high profile corner location and major frontage.

Key highlights include:

- Modern Medical Investment - Comprising a purpose-built two level medical and allied-health complex (2,882sqm* building area) with onsite parking for 27 vehicles.

- Dynamic Mix of Medical & Allied Health Tenants - Featuring seven tenancies including Ramsay Health Care (Ramsay Psychology), Chempro Chemists, the Australian Government-owned Open Arms Veterans Counselling Service and Limestone Medical Centre - one of Australia's longest standing medical practices featuring some 12 GP doctors.

- High Exposure Location - Occupying a high exposure, easily accessible corner position at the traffic light-controlled intersection of Brisbane Street and Thorn Street in the Ipswich CBD.

- Strong Population Growth Area - Ipswich is the fourth largest city (LGA) in Queensland and the fastest growing with a current population of over 242,600* residents, forecast to reach over 529,000* residents by 2046.

- Valuable Depreciation Benefits - Constructed in two stages (2011 and 2015), Brisbane Street Medical Centre provides valuable tax benefits via substantial building depreciation.

- Income Security & Rental Growth - The Centre has an attractive rental growth structure with all tenancies featuring annual rental increases from 3% to CPI.

- Net Income: $652,162 p.a.* (fully leased)

- Sale Price: $8.15 Million.

*Approx. | Source: Queensland Government Statistician's Office

Brisbane Street Medical Centre, Ipswich is offered for Private Negotiation.

Property Highlights

Floor Area2,882 m²
Land Area1,226 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018840461
Category
Last updated  16 Apr 2024
Map for 10 Brisbane Street Ipswich QLD 4305

Property Highlights

Floor Area2,882 m²
Land Area1,226 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018840461
Category
Last updated  16 Apr 2024
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000

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