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CBRE - Brisbane
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56 Coonan Street Indooroopilly, QLD 4068

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For Sale

56 Coonan Street Indooroopilly, QLD 4068

Offices • Shop & Retail • Medical & Consulting
Sale Price

EOI Closing 4pm Thursday 13th June 2019

Land area

1722.0m²

Floor area

1629.0m²

Car spaces

58

Parking info

Secured undercover

Property extent

Whole

Zoning

Mixed Use (Centre Frame) Zone

Tenure type

Tenanted Investment

CORE MEDICAL INVESTMENT WITH STRONG CASHFLOW BOASTING 6.6 YEAR WALE

  • Core Medical Investment
  • Fortune 500 tenant
  • 6.6 year WALE fully leased
• 100% occupancy backed by strong covenants including the ASX listed company Healthia Limited (Allsports Physiotherapy) and Emerson Electronic and Co (#178 Fortune 500)
• 6.6 year WALE cashflow of $630,744 net per annum (as of 21 September, 2018)
• Strong car park ratio of 1:28sqm
• Exposed corner asset with over 55m frontage along Coonan Street
• 12 storey development upside (STCA*)
• 5km** from Brisbane’s CBD & surrounded by a tightly held Medical and Commercial hub

*subject to council approval
**approximate

Property ID: 503198142Last Updated: 14 Jun 2019

+61 *** ***
CBRE - Brisbane
56 Coonan Street
Indooroopilly, QLD 4068
Tom O'Driscoll

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000

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CBRE - Brisbane

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CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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Tom O'Driscoll

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Tom O'Driscoll
CBRE - Brisbane
56 Coonan Street Indooroopilly, QLD 4068

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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