Queensland Health, 4 Dorothy Street,
Mornington, QLD 4825
Development Sites & Land • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Queensland Health, 4 Dorothy Street
Mornington, QLD 4825
Detailed listing
Map of Queensland Health, 4 Dorothy Street
Queensland Health Occupied Since New | Attention 10% Yield Buyers
- Significant 1,012 sqm* landholding
- Leased to Queensland Health
- 4 residential units near town centre
Burgess Rawson is pleased to offer to the market the Queensland Health investment at 4 Dorothy Street, Mornington (Mount Isa.) for sale via Investment Portfolio Auction 165.
This opportunity has the following key investments highlights:
+ Built in 2008 and leased to Queensland Health since new
+ Renewed 3 year lease to June 2026 plus options to 2028
+ Queensland Health: The overall public health service of Queensland with a network of 16 hospitals and health services along with the Queensland Department of Health
+ Occupied by Queensland Health to provide doctor and specialist accommodation in close proximity to the Mount Isa Hospital (65m* from the property)
+ Significant landholding of 1,012 sqm* with development upside, moments from Mount Isa City centre
+ Essential service investment crucial to hospital operations and servicing a city population of 18,727**
+ Includes 4 x two bedroom, two bathroom units leased together as one
+ Desirable annual CPI rental reviews
+ Single tenant minimum management investment
+ Strategic position moments from national retailers including Coles, Woolworths, Bunnings, McDonald's, KFC, Subway and Kmart
+ Net Income: $97,134 pa*
For Sale by Investment Portfolio Auction^
10:30am AEST Thursday 7 December 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
**ABS.gov.au
^unless sold prior
This opportunity has the following key investments highlights:
+ Built in 2008 and leased to Queensland Health since new
+ Renewed 3 year lease to June 2026 plus options to 2028
+ Queensland Health: The overall public health service of Queensland with a network of 16 hospitals and health services along with the Queensland Department of Health
+ Occupied by Queensland Health to provide doctor and specialist accommodation in close proximity to the Mount Isa Hospital (65m* from the property)
+ Significant landholding of 1,012 sqm* with development upside, moments from Mount Isa City centre
+ Essential service investment crucial to hospital operations and servicing a city population of 18,727**
+ Includes 4 x two bedroom, two bathroom units leased together as one
+ Desirable annual CPI rental reviews
+ Single tenant minimum management investment
+ Strategic position moments from national retailers including Coles, Woolworths, Bunnings, McDonald's, KFC, Subway and Kmart
+ Net Income: $97,134 pa*
For Sale by Investment Portfolio Auction^
10:30am AEST Thursday 7 December 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
**ABS.gov.au
^unless sold prior
Property ID: 504457472Last Updated: 4 Apr 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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