Here is an opportunity to purchase an approved medical centre in the Benowa / Bundall medical precinct close to Pindara Hospital and other associated medical related businesses.

A safe and secure investor opportunity which is located on busy Ashmore Road, offering exceptional main road exposure. Investors have always had a real interest in acquiring assets within the medical industry, primarily due to the permissible zoning and the strength of guarantee from registered Doctors. The tenant has been in the premise for 15 years and has been in practice for 21 years.

This property is offered with a AAA Net Lease, which means all outgoings are paid by the Tenant in full, including all building insurances, maintenance, government rates and land tax assessment.

The freehold of 154 Ashmore Road, Bundall is being offered for sale, subject to the current lease by Public Auction on the 2nd of May 2021.

Lease Summary
* Lease Term: 8 years + 5 years + 5 years
* Lease Commencement: 1 February 2020
* Current Passing Rent (Net): $126,660 per annum ($10,555 per month)
* Annual fixed increases: 3 % per annum
* Tenants Outgoings paid: 100% including Land Tax

Property Details
* Land Area: 620 square metres
* Building area: Approx 318 square metres
* Year Built: 1982 (approx.) Fully renovated in 2007
* Approved Use: Medical - Cosmetic Surgery
* Building consists: 10 consultant/treatment rooms, 3 waiting rooms, large commercial kitchen,
disabled toilets, modern reception area
* Carparking: 7 on site vehicles & there is also 3hr street parking

Inspections
by appointment only.
Contact Exclusive Marketing Agent:
Jamie Bourke 0417 077 277
jbourke@bourkeqld.com.au

Bourke Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Limited Interest Pty Ltd ATF FNC Trust t/a Bourke Commercial toward the recipient with regard to the use of this information and all information given is given without responsibility