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4 Centre Court
Chuwar QLD 4306
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Sold on 5 Feb 2024

4 Centre Court Chuwar QLD 4306

  • Medical / Consulting
  • 997 m²
  • Sold

Premium Standalone Major Healthcare Investment | Adjoining Woolworths & Coles Shopping Centre

    Burgess Rawson is pleased to offer to market the Karalee Medical Centre located at 4 Centre Court, Chuwar (Ipswich) QLD for sale via Offers to Purchase.

    The property has the following investment highlights:

    + Premium standalone healthcare investment with a significant 4.8 year WALE
    + 78.5% of income underpinned by Health Matters with options to 2034, an established medical group with two centres across Ipswich
    + Supported by long-term leases to complimentary allied health providers Target Physiotherapy and F45 each with 5 year options
    + Set-and-forget net lease structure with tenants responsible for all outgoings
    + CPI and fixed 3% & 3.5% annual rent reviews
    + Constructed in 2019, offering modern infrastructure and significant tax depreciation benefits
    + Expansive 3,485sqm* freehold site comprising an impressive 997sqm* medical complex with 41 on-site car spaces
    + Seamless integration with the recently redeveloped $80 million Karalee Village Shopping Centre, a major neighbourhood shopping destination anchored by Woolworths and Coles supermarkets, supported by 38 specialty tenants and over 340 car park spaces
    + The property is the only large (10+ GP's) medical centre within a 6km* radius, with 15 GP's and 7 nurses***
    + Karalee: located in the City of Ipswich - 6th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
    + Net Income: $463,376 pa* + GST

    For Sale via Offers to Purchase.

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.

    Property Highlights

    Date Sold5 Feb 2024
    Floor Area997 m²
    Land Area3,485 m²
    ParkingAsk Agent
    Property ID2018882259
    Category
    Last updated  2 Apr 2024
    Map for 4 Centre Court Chuwar QLD 4306

    Property Highlights

    Date Sold5 Feb 2024
    Floor Area997 m²
    Land Area3,485 m²
    ParkingAsk Agent
    Property ID2018882259
    Category
    Last updated  2 Apr 2024
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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