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Colliers - Brisbane

Lots 11, 12 & 13, 152 Musgrave Road Red Hill, QLD 4059

Lots 11, 12 & 13, 152 Musgrave Road,
Red Hill, QLD 4059

Medical & Consulting • Offices • Other

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Colliers - Brisbane

Colliers - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
07 3229 123...
Colliers - Brisbane
Lots 11, 12 & 13, 152 Musgrave Road
Red Hill, QLD 4059

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Brand new 7 year lease - ASX listed tenant

  • Net income $93,925pa*
  • Combined NLA of 289m²*
  • Tenant pays 100% of outgoings
Colliers International are pleased to present Lots 11, 12 & 13, 152 Musgrave Road, Red Hill for sale.

152 Musgrave Road represents a secure, premium investment opportunity tenanted by Allsports Physiotherapy & Sports Medicine, an entity of ASX listed Healthia (ASX:HLA) on a new 7-year lease.

The opportunity offers 3 combined strata suites in a highly frequented and popular neighbourhood centre tenanted by supporting allied health users, bakery, 7-11 and ample on-site car parking.

Key features of the property include:

- New 7-year lease with two further terms of 5 years
- ASX listed national covenant
- Net income of $93,925* per annum (excl GST)
- Long-standing and established practice
- Combined NLA of 289m²*
- Tenant pays 100% of outgoings
- Annual rent reviews by 4%
- 5 allocated car parks
- Located in affluent Red Hill, minutes from CBD

For further information or to arrange an inspection, please contact the exclusive marketing agents at Colliers International.

*Approx.

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Property ID: 502980202Last Updated: 2 Jan 2019

Colliers - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
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