Kooie Commercial

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1/40 Annerley Road,

Shops & Retail Offices

Price information Sale

Key insights

Description

Extremely Rare Premium Medical Investment. 100% Leased to Ramsay Pharmacy.
Prime Medical/Retail Investment
Income Uplift Opportunity
Opposite Mater Hospital
My Agent Aus is proud to present 1/40 Annerley Road, Woolloongabba, to the market for immediate sale. Don't miss your opportunity to secure this extremely rear medical investment. First time on the market in over 23 years. Situated in the Taylor Medical Centre, directly opposite the Mater Hospital/Children's Hospital. Clear instructions to sell via offers to purchase to be submitted in writing.

Property Highlights:
* 160sqm Ground Floor corner position in renowned Taylor Medical Centre.
* 100% Leased investment. Lease to Ramsay Pharmacy Retail Services Pty Ltd.
* Current Net Income: $94,897 per annum + GST.
* Tenant pays outgoings in additional to the above rental.
* Annual rental reviews CPI.
* Leased until 30/09/2025 with no options.
* Outstanding opportunity for substantial rental uplift at lease expiry, re-negotiate lease terms and/or occupy.
* 24 Visitor car spaces onsite.
* Access directly from Annerley Road and internal foyer of building via Catherine St.
* Land rich medical suite complex.

Location Advantages:
* Located in the Heart of Woolloongabba Medical Precinct.
* Directly opposite Mater Hospital.
* Within 5 minutes of M1 access allowing easy access to Brisbane City and Gold Coast.