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1 / 43 Mary Street Kilcoy, QLD 4515

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1 / 43 Mary Street,
Kilcoy, QLD 4515

Shops & Retail • Medical & Consulting

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Kilcoy Pathology -$320,000 @ 9.7% Gross Return

  • ASX Listed Tenant - Sonic Healthcare
  • 3% Fixed rental increases
  • Shop located in heart of town on Highway
Ray White is pleased to formally market 1/43-45 Mary Street Kilcoy.

Part of a complex of six, Sullivan Nicolaides Pathology fully occupy tenancy 1 and have been trading in location since July 2014.

Sullivan Nicolaides is on a long term lease until 30th June 2021 with two x 3 year options to extend. Sullivan Nicolaides is responsible for paying: Insurance, Rates and approx 75% of the Body Corporate Fees.

Sullivan Nicolaides is one of the largest members of the Sonic Healthcare Group - an independent, Australian owned, publicly listed company specializing in Pathology and Radiology. Sonic Healthcare is in the top 100 companies on the ASX.

Kilcoy is located approximately 1 hour 35 minutes North West of Brisbane on the D'Aguilar Highway leading to Blackbutt and Kingaroy.

Kilcoy had an annual growth rate over the past 10 years of 2.6% (vs QLD @ 1.9%).

Property Size: 40 m2

Further Information is available upon request including: Lease, Information Memorandum, Rates etc.

Medical - Health - Queensland - SEQ - Single Tenant

Gross income: $33,136 per annum

Property ID: 502969054Last Updated: 21 Mar 2024

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1 / 43 Mary Street
Kilcoy, QLD 4515
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