Share this property

Burgess Rawson - Melbourne

281-285 Ross River Road Aitkenvale, QLD 4814

Directions

281-285 Ross River Road,
Aitkenvale, QLD 4814

Medical & Consulting

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
281-285 Ross River Road
Aitkenvale, QLD 4814
Burgess Rawson - Melbourne
Raoul Holderhead

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000

Map of 281-285 Ross River Road

Directions

Secure Freehold Investment, Government + Medical – Circa 9% Yield

  • Renewed leases to Gov. & Surgeon
  • Fully leased with longstanding tenants
  • Guaranteed rent growth
+ Secure income from Essential Service tenants
+ New lease to Government
+ New leases to Plastic & Reconstructive Surgery
+ Long standing tenants: Mater Health Services, Arthur J Gallagher (Fortune 500 Insurance Broker), Queensland Government & Queensland Plastic Surgery
+ Guaranteed rent growth – Fixed annual increases of 3.5%, 3.0% & 2.5%
+ Large 2,428 sqm site with 61 metre frontage to Ross River Road - a six lane road and major arterial connecting Townsville CBD to the residential suburbs
+ Well-designed, modern building constructed in 2006 with net lettable area of 1,624 sqm
+ 4-star NABERS Energy rating
+ Important 45 car parks on title with a mix of undercover and open air parking options
+ Excellent location within a medical precinct, only 300m to Stockland Shopping Centre, Centrelink & the Australian Tax Office
+ Townsville: The capital of North Queensland and Australia’s largest city north of Sunshine Coast with population of 195,430
+ Townsville’s economy is thriving with a Gross Regional Product of $11.74 Billion. The largest industry is Health Care & Social Assistance
+ Net Income: $459,548.77 pa + GST

Auction
10:30am AEST
Wednesday 24 June

Property ID: 503557522Last Updated: 14 Jul 2020

Agency contacts

Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
View agency profile
Burgess Rawson (QLD) - Brisbane
Burgess Rawson (QLD) - Brisbane
Level 24, 324 Queen Street
BRISBANE CITY, QLD 4000
View agency profile
progress tick

Sending email...

Email enquiry

Raoul Holderhead

Send to:

Raoul Holderhead
Burgess Rawson - Melbourne
281-285 Ross River Road Aitkenvale, QLD 4814

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

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call