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Highgate Hill Doctors, 196 Gladstone Road
Highgate Hill QLD 4101
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Sold on 22 Sep 2022

Highgate Hill Doctors, 196 Gladstone Road Highgate Hill QLD 4101

  • Medical / Consulting
  • 354 m²
  • Sold

Brisbane Medical Investment | 6.14% ($2,600,000)

WHAT
• Single tenanted investment leased to Highgate Hill Doctors - essential service medical practice first opened in 2017
• Owned by AusDocs Group who have 10 medical practices in QLD with 75 doctors
• Subleased by QML Pathology (ASX-listed Healius), one of over 600 locations across QLD
• 354sqm* building on a high profile 316sqm corner site
• Unrivalled exposure to over 29,700^ vehicles daily
• Net income of $159,640* + GST p.a.

WHERE
• Situated 2km* from the Brisbane CBD in the blue-chip suburb of Highgate Hill
• Close to Brisbane's biggest health, transport and education amenities
• The Princess Alexandra (1km) and Mater Hospitals (950m)
• Cross River Rail (850m), Dutton Park Train Station (950m) and Bus Stops (25m)
• University of Queensland (500m), Brisbane South State Secondary College (450m)

WHY
• A true passive investment, with the tenant responsible for all outgoings excluding land tax
• New 5-year lease to 2027, with annual reviews (greater of 3% or CPI)
• $400,000* invested into the fit-out since 2017 major refurbishment

*Approximately
^Sitewisely

RWC Retail
RWC Retail
Level 26/111 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold22 Sep 2022
Floor Area354 m²
Land Area316 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2017959940
Category
Last updated  31 Aug 2022
Map for Highgate Hill Doctors, 196 Gladstone Road Highgate Hill QLD 4101

Nearest transport* to Highgate Hill Doctors, 196 Gladstone Road Highgate Hill QLD 4101

Bus
Train
Ferry
Gladstone Rd at Wahcumba Street, stop 1425 m
Gladstone Rd at Wahcumba Street, stop 1439 m
Gladstone Rd at Pope Street, stop 15111 m
Gladstone Rd at Pope Street, stop 15145 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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RWC Retail
RWC Retail
Level 26/111 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold22 Sep 2022
Floor Area354 m²
Land Area316 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2017959940
Category
Last updated  31 Aug 2022

Co-Agents

Michael Feltoe
Michael Feltoe
RWC Retail
Call
0447714899
Lachlan O'Keeffe
Lachlan O'Keeffe
RWC Retail
Call
0413464137

More about Highgate Hill Doctors, 196 Gladstone Road Highgate Hill QLD 4101

Highgate Hill Doctors, 196 Gladstone Road Highgate Hill QLD 4101 is categorized as Medical & Consulting Property. It has a floor area of 354 m² and a land area of 316 m². The listing ID for this property is 2017959940.

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