Lot 1/29 Queensland Avenue Broadbeach QLD 4218

Burgess Rawson are delighted to exclusively offer For Sale, this Prime Healthcare investment leased to Broadbeach Family Practice

Located in Broadbeach on the corner of the Gold Coast Highway opposite the Star Casino, Pacific Fair Shopping Centre, Exhibition Centre & Light Rail. The location is second to none and provides high exposure to Gold Coasts most prominent corner. Developed by the exceptional Morris Property Group. The Qube consists of 202 apartments over 40 levels, just under 1/2 acre of tenant amenity, ground floor retail and council public carpark.

The location is poised to be the at centre of the Olympics spectacle, this will continue to ensure strong growth in your investment.

The Gold Coast is extremely popular to tourists because of its three-kilometre strip of golden sand. Hailed as one of Australia's most pristine beaches, it is a post-card perfect attraction that attracts surfers, swimmers, and joggers around the world.

Broadbeach is also known for its weekend markets and weekday yoga classes. Wander down Broadbeach strip and immerse yourself with street artists.

The tenant is a long term Gold Coast practice investing substantial money on fitout and providing a secure long term lease to an astute investor on the prime corner frontage to Gold Coast Highway.

Lessee: Broadbeach Family Practice Pty Ltd
Lease Term: 12 Years
Lease Commencement: 30/06/2021
Lease Expiry: 29/06/2033
Increases: CPI + 1 % pa
Net Rent: $134,452.80
Sale Price: $3,360,000

Highlights
- High Profile Highway Corner Location
- Annual increases
- Strong Depreciation
- Large onsite public parking
- Located close to Broadbeach Beach and Foreshore