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CBRE - Brisbane

455 South Pine Road Everton Park, QLD 4053

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455 South Pine Road,
Everton Park, QLD 4053

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Sale - Expression of Interest

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CBRE - Brisbane
Sandro Peluso
Joe Tynan
Michael Hedger
Harrison Coburn

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - Brisbane
455 South Pine Road
Everton Park, QLD 4053

Map of 455 South Pine Road

Directions
  • Train stations within 5 km of 455 South Pine Road, Everton Park, QLD 4053Distance
    Mitchelton Station1.5 km
    Oxford Park Station1.6 km
    Gaythorne Station2.1 km
    Grovely Station2.2 km
    Dawson Pde at Grovely Station2.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 455 South Pine Road, Everton Park, QLD 4053Distance
    South Pine Rd at Barton West102 m
    Old Northern Rd at Everton Junction Near158 m
    Barton St at Pullen Road171 m
    South Pine Rd at Everton Junction262 m
    South Pine Rd at Pullen Road305 m
    POWERED BY HERE ©
POWERED BY HERE ©

THE ULTIMATE HEALTHCARE INVESTMENT

  • Premium healthcare investment, 11yr WALE
  • 2,629sqm* site along South Pine Road
  • Significant depreciation benefits
CBRE is pleased to present to market 455 South Pine Road, Everton Park - a highly sought-after healthcare investment opportunity strategically located in the heart of the Everton Park retail precinct.

Some of the key highlights include:
• An impressive healthcare investment with a diverse income profile over 2 tenancies with exposure to medical/allied health (64%) and childcare (36%) - positioned less than 8km* north-west of the Brisbane CBD.
• 1,112sqm* Medical centre secured by a 10-year lease^ to Go2 Health which is one of the largest Veteran Care practices in Australia with a focus on the Australian Defence Force.
• Complemented by a 112 place childcare centre on a 20 year lease^ to Harmony Early Learning - a strong operator with 18 centres along the Eastern Seaboard.
• Situated in the heart of a prominent mixed use town centre incorporating retail (Woolworths Everton Park), residential (Fable Residences - 57 luxury town homes) and other national retailers.
• Prominently positioned 2,629sqm* corner site along South Pine Road, a major thoroughfare with a dominant dual frontage of 98m*.
• Significant depreciation benefits and a tax effective income stream with construction completed in 2020.
• The continual supply constraints and rising construction prices places this asset well below replacement costs.
• Fully leased net income $1,039,000 per annum

455 South Pine Road, Everton Park is being offered for sale via Expressions of Interest closing Thursday 9th May 2024 at 4pm (AEST).

For further information on this unique opportunity please contact the exclusive sales and marketing agents.

* Approximate. ^As at 1 April 2024

Property ID: 504575104Last Updated: 29 Apr 2024

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