Healthcare
Under Contract

Willetts Road Health & Medical Hub

93 Willetts Road, Mount Pleasant, QLD, 4740, AU

Willetts Road Health & Medical Hub_Property for Sale

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Willetts Road Health & Medical Hub 2_Property for Sale

Asset description

JLL are pleased to offer Willetts Road Health & Medical Hub - 93 Willetts Road, Mount Pleasant QLD for sale via Expressions of Interest.

Key investment highlights include:

Attributes

Building area Gross
43,013 sf
Occupancy
100.00%

Investment highlights

  • Ideally located adjacent to the 105-bed Mater Private Hospital Mackay and within the broader Mackay healthcare precinct. 
  • The asset benefits from a well-established mix of complimentary tenants - many of which have been in occupation since the building’s inception
  • Functional, health centric design with modern improvements and efficient intertenancy connectivity
  • Favourable annual review mechanisms tied to CPI or CPI plus percentage structures to ensure income growth is aligned with inflationary costs
  • A major, non-cyclical asset class, underpinned by defensive income streams and non-discretionary spending
  • Resilient local economy bolstered by interstate migration resulting in increased retail spending, population growth and housing approvals
  • Fully Leased Net Passing Income of $418,032* per annum plus GST

*Estimated


A 100% freehold interest in Willetts Road Health & Medical Hub is being offered via Expressions of Interest closing Thursday 10th November 2022 at 4pm (AEST).

Willetts Road Health & Medical Hub 4_Property for Sale
Willetts Road Health & Medical Hub 4_Property for Sale

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Last updated
Nov 30, 2022