Albany Hills Radius Medical Centre_Property for Sale
Albany Hills Radius Medical Centre_Property for Sale
49 Old Northern Road, Albany Creek, QLD, 4035, AU

Albany Hills Radius Medical Centre

Asset Description

JLL are pleased to present for sale, a purpose-built multidisciplinary facility with major long standing tenants offering general practice medicine, pharmacy, dentistry, psychology and pathology. Situated on a substantial Centre zoned 4,109m² site, Radius Medical Centre offers a secure income stream via its impressive 8.25-year WALE*, underpinned by a strongly performing healthcare ecosystem of 30+ doctors on-site.

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Attributes

Building area net
10,280 sf
Occupancy
100%
Land area gross
44,229 sf

Media

Investment Highlights

  • Stand-alone, purpose-built facility that has been well maintained since construction in 2003.
  • Underpinned by a significant 8.25-year* WALE, the centre offers a secure long term cashflow, supported by greater of CPI or 3.00% built-in annual reviews.
  • A major, non-cyclical asset class with institutional appeal, underpinned by defensive income streams and non-discretionary spending.
  • 30+ medical specialists operating from the centre. 
  • Situated on a significant 4,109m² parcel of land in Albany Creek, Radius Medical Centre enjoys a prime location with desirable Centre zoning as per the Moreton Bay Regional Council Planning Scheme.


Albany Hills Radius Medical Centre is being offered via Expressions of Interest closing Thursday 16th May 2024 at 2pm (AEST).

Albany Hills Radius Medical Centre 4_Property for Sale
Albany Hills Radius Medical Centre 4_Property for Sale

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Albany Hills Radius Medical Centre (0 Properties)

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Last updated
21 Apr 2024