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281-285 Ross River Road
Aitkenvale QLD 4814
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Sold on 15 Jun 2020

281-285 Ross River Road Aitkenvale QLD 4814

  • Medical / Consulting
  • 1,624 m²
  • Sold

Secure Freehold Investment, Government + Medical Circa 9% Yield

+ Secure income from Essential Service tenants
+ New lease to Government
+ New leases to Plastic & Reconstructive Surgery
+ Long standing tenants: Mater Health Services, Arthur J Gallagher (Fortune 500 Insurance Broker), Queensland Government & Queensland Plastic Surgery
+ Guaranteed rent growth Fixed annual increases of 3.5%, 3.0% & 2.5%
+ Large 2,428 sqm site with 61 metre frontage to Ross River Road - a six lane road and major arterial connecting Townsville CBD to the residential suburbs
+ Well-designed, modern building constructed in 2006 with net lettable area of 1,624 sqm
+ 4-star NABERS Energy rating
+ Important 45 car parks on title with a mix of undercover and open air parking options
+ Excellent location within a medical precinct, only 300m to Stockland Shopping Centre, Centrelink & the Australian Tax Office
+ Townsville: The capital of North Queensland and Australias largest city north of Sunshine Coast with population of 195,430
+ Townsvilles economy is thriving with a Gross Regional Product of $11.74 Billion. The largest industry is Health Care & Social Assistance
+ Net Income: $459,548.77 pa + GST

Auction
10:30am AEST
Wednesday 24 June

AUCTION

Auction date and time24/06/2020 10:30
Auction location281-285 Ross River Road, Aitkenvale QLD

Property Highlights

Date Sold15 Jun 2020
Floor Area1,624 m²
Land Area2,428 m²
ParkingAsk Agent
Property ID2016280315
Category
Last updated  7 Jul 2020
Map for 281-285 Ross River Road Aitkenvale QLD 4814

Property Highlights

Date Sold15 Jun 2020
Floor Area1,624 m²
Land Area2,428 m²
ParkingAsk Agent
Property ID2016280315
Category
Last updated  7 Jul 2020

Listed by

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304

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