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.
