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Knight Frank - Brisbane

1/174 Galleon Way Currumbin Waters, QLD 4223

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1/174 Galleon Way,
Currumbin Waters, QLD 4223

Medical & Consulting • Shops & Retail
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Tenure type

Expression of Interest

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Knight Frank - Brisbane
Jacob Heinke
Hayden Ryan

Knight Frank - Brisbane

Level 22/12 Creek St
BRISBANE CITY, QLD 4000
Knight Frank - Brisbane
1/174 Galleon Way
Currumbin Waters, QLD 4223

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  • Bus stops within 5 km of 1/174 Galleon Way, Currumbin Waters, QLD 4223Distance
    Galleon Way Near Casey CL175 m
    Galleon Way Near Keegan CCT216 m
    Galleon Way Near Jutland Pl292 m
    Galleon Way Near Tierney Dr471 m
    Galleon Way Near Brigantine Ct484 m
    POWERED BY HERE ©
POWERED BY HERE ©

GOLD COAST MEDICAL INVESTMENT BOASTING A 7 YEAR WALE

  • 7-Year WALE
  • Anchored by a 10-year lease to 2035
  • Net Income: $289,005* p.a
Knight Frank is pleased to present for sale Galleon Way Medical Centre – a rare ground floor medical investment anchored by a recently renewed 10-year lease to the longstanding Galleon Way Medical.

Key investment highlights of the opportunity include:

• Secure medical investment boasting a 7-year WALE
• Anchored by a 10-year lease to Galleon Way Medical with options to 2040
• Passing net income of $289,005* p.a. plus GST
• Strong built-in rental growth, with all leases featuring favourable fixed annual increases
• Positioned on the ground floor, with over 44m* of frontage to the busy Galleon Way delivering exceptional exposure and accessibility
• Strategically positioned within close proximity to multiple aged care facilities, including Bolton Clarke Galleon Gardens

The Galleon Way Medical Centre is being offered for sale via Expressions of Interest closing Tuesday 3 March at 3pm (AEST), if not sold prior.

For further information or to arrange an inspection, please contact the exclusive agents Hayden Ryan or Jacob Heinke from Knight Frank.

*Approximate

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Currumbin Waters, 4223 demographic data

The median household income for Currumbin Waters is $1,636, 9% higher than Regional Queensland's household income of $1,507. Currumbin Waters has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 54% of property owners in Currumbin Waters have a mortgage.

9,797
Population
$1,636 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households