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JLL - Sydney

Albany Hills Radius Medical Centre, 49 Old Northern Road Albany Creek, QLD 4035

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Albany Hills Radius Medical Centre, 49 Old Northern Road,
Albany Creek, QLD 4035

Medical & Consulting

Price information

Sale - Expression of Interest

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JLL - Sydney
Simon Quinn
Thomas Thorsen

JLL - Sydney

Level 27, 180 George Street
SYDNEY, NSW 2000
JLL - Sydney
Albany Hills Radius Medical Centre, 49 Old Northern Road
Albany Creek, QLD 4035

Map of Albany Hills Radius Medical Centre, 49 Old Northern Road

Directions
  • Train stations within 5 km of Albany Hills Radius Medical Centre, 49 Old Northern Road, Albany Creek, QLD 4035Distance
    Oxford Park Station4.8 km
    Grovely Station4.9 km
    Dawson Pde at Grovely Station4.9 km
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  • Bus stops within 5 km of Albany Hills Radius Medical Centre, 49 Old Northern Road, Albany Creek, QLD 4035Distance
    Old Northern Rd at Keong Road93 m
    Keong Rd Near Hampshire Tce299 m
    Jinker Track Near Allamanda CR309 m
    Old Northern Rd at Albany Creek High416 m
    Keong Rd Near Dawn Rd505 m
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POWERED BY HERE ©

Albany Hills Radius Medical Centre

  • Net Operating Income of $538,317 pa*
  • Longstanding Tenant Convenant
  • Large allotment with favourable zoning
JLL are pleased to present for sale, a purpose-built multidisciplinary facility with major long standing tenants offering general practice medicine, pharmacy, dentistry, psychology and pathology. Situated on a substantial Centre zoned 4,109m² site, Radius Medical Centre offers a secure income stream via its impressive 8.25-year WALE*, underpinned by a strongly performing healthcare ecosystem of 30+ doctors on-site.


•Stand-alone, purpose-built facility that has been well maintained since construction in 2003.
•Underpinned by a significant 8.25-year* WALE, the centre offers a secure long term cashflow, supported by greater of CPI or 3.00% built-in annual reviews.
•A major, non-cyclical asset class with institutional appeal, underpinned by defensive income streams and non-discretionary spending.
•30+ medical specialists operating from the centre. 
•Situated on a significant 4,109m² parcel of land in Albany Creek, Radius Medical Centre enjoys a prime location with desirable Centre zoning as per the Moreton Bay Regional Council Planning Scheme.

Albany Hills Radius Medical Centre is being offered via Expressions of Interest closing Thursday 16th May 2024 at 2pm (AEST).

Property ID: 504570352Last Updated: 21 Apr 2024

JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000
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