Purchased

Rare high yielding healthcare asset with multiple long leases

  • 100% freehold interest
  • Significant anchor tenant, Queensland Health
  • 78 car parking bays

Building Type: Medical Centre
Building Area: 2024m2

Land Area: 2024m2
WALE: 4.1 years by income

How we helped this client

Our valued client was a high net worth individual looking for a recession proof property. This asset offered long leases, multiple medical tenants and an A-grade building just 11 years old, along with an incredible $619,874 per annum net income. Originally purpose built for its anchor tenant, this investment is a great example of a defensive income profile, which should remain consistent long into the future, plus good depreciation due to the age and quality of the building.

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