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56 Coonan Street Indooroopilly QLD 4068

  • Offices
  • Floor Size1,629 m²
  • PriceFor Sale, EOI Closing 4pm Thursday 13th June 2019

CORE MEDICAL INVESTMENT WITH STRONG CASHFLOW BOASTING 6.6 YEAR WALE

  • Core Medical Investment
  • Fortune 500 tenant
  • 6.6 year WALE fully leased

100% occupancy backed by strong covenants including the ASX listed company Healthia Limited (Allsports Physiotherapy) and Emerson Electronic and Co (#178 Fortune 500)
6.6 year WALE cashflow of $630,744 net per annum (as of 21 September, 2018)
Strong car park ratio of 1:28sqm
Exposed corner asset with over 55m frontage along Coonan Street
12 storey development upside (STCA*)
5km** from Brisbanes CBD & surrounded by a tightly held Medical and Commercial hub

*subject to council approval
**approximate

Property Highlights

Property ID2015285886
Floor Area1,629 m²
Land Area1,722 m²
EnergyAsk Agent
Parking58 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  20 May 2019
Map for 56 Coonan Street Indooroopilly QLD 4068
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000

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