14/230 Shute Harbour Road,
Cannonvale, QLD 4802

Medical & Consulting • Offices • Shops & Retail

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SOLD BY RAY WHITE - INVESTMENT OPPORTUNITY - QUALITY MEDICAL TENANT

* Net return of $26,213 per annum ex gst = 7% return
* Tenant pays all outgoings except sinking fund levies
* Solid tenant - Whitsunday Radiology have leased the premises since 2015
* Parent company, AXIS Diagnostic Holdings Pty Ltd, are guarantors on the lease
* Current term ends Sept 2024, with a 3 year option
* Annual rent reviews

An 86sqm ground floor corner tenancy within the modern Whitsunday Business Centre, alongside GP clinics, pathology and a range of other medical & professional services. The Centre has plenty of parking and is situated adjacent to Whitsunday Shopping Centre (Coles, BWS, Centrelink etc) and in close proximity to the local state school. The property has a modern fit out to suit the current radiology clinic usage, ducted aircon and own amenities.

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Cannonvale, 4802 demographic data

The median household income for Cannonvale is $1,639, 9% higher than Regional Queensland's household income of $1,507. Cannonvale has a younger age profile compared to the rest of Regional Queensland (median age 37 vs 41). Property ownership data shows 60% of property owners in Cannonvale have a mortgage.

6,596

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$1,639 per week

Median household income

37 years

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