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281-285 Ross River Road Aitkenvale QLD 4814

  • Medical / Consulting
  • Floor Size1,624 m²
  • PriceFor Sale, Contact Agent

High Yielding Medical and Professional Office Building - Renewed 10 Year Lease

  • Renewed 10 year lease to 2028
  • Fixed 4% and 3.5% annual rent increases
  • Net Income $430,513 pa + GST

Cushman & Wakefield are pleased to present to the market 281-285 Ross River Road, Townsville for Sale via Offers to Purchase.

The property has the following key characteristics:

• Long standing tenants, excellent occupancy history
• 10 year lease to multi-practice medical surgery
• Arthur J Gallagher - NYSE Fortune 500 Insurance company, market cap of $14.15 Billion
• Mater Health Services - Healthcare giant
• Queensland Government - North Queensland Persistent Pain Management Service
• Guaranteed rental growth - fixed 4% and 3.5% increases
• Large 2,428 sqm site with important and convenient 45 on title car parks plus on street parking
• High profile 60m frontage to major arterial road
• 300m to Stockland Townsville - Myers, Woolworths, BWS, Medibank, Comm Bank + more
• Strategically located amongst - Medical Centre, QML Pathology, Centrelink and Max Employment
• Townsville - Capital of North QLD, population of 186,757. GRP $13.38 Billion
• Net income $430,513 pa + GST

For more information please contact the Exclusive agents at Cushman & Wakefield.

Property Highlights

Property ID2015148962
Floor Area1,624 m²
Land Area2,428 m²
EnergyAsk Agent
Parking45 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 Jun 2019
Map for 281-285 Ross River Road Aitkenvale QLD 4814
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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