Location:

Lots 15,16/118 , Griffith Street, COOLANGATTA, QLD

Price:

$594,000 - 6.5% Net return.

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MEDICAL INVESTMENT 6.5% NET RETURN

Type: FOR SALE

 Property Features
  • Category : Other
  • Building Area: 92

Property Description
This investment boasts a brand new 3 + 3 year lease to high quality covenant 'Madison Healthstyle' group.

This property features an immaculate high grade medical fit out and with all medical approvals in place.

The easy defined ground floor Coolangatta location which is 5 minutes from the Gold Coast Airport, is 'Madison Healthstyles' third practice on the Gold Coast, and services the Southern Gold Coast and Northern NSW regions.

INVESTMENT DETAIL:

- Net return $38,600 per annum + GST
- 100% outgoings recoverable from lessee including management fees.
- 3% annual increases
- New 3 + 3 year lease.

FEATURES:

- 92sqm over two lots.
- Immaculate presentation.
- Medical approval.
- Fully air-conditioned and partitioned.
- Ground floor location in International Resort building.
- Abundant street parking.
- Internal amenities.
- Corner location with huge window frontage.

PRICE:

$594,000 representing 6.5% net return.

This investment will not last long!

Contact exclusive selling agents Towers Francis Property for full information memorandum and investment detail.
Property Agent

Advert Id:79439

Name:James Francis

Phone: 07 552****

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