Willetts Road Health & Medical Hub
93 Willetts Road, Mount Pleasant, QLD, 4740, AU
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:
- 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
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).