Queensland Health, 11/1-17 Hershel Court,
Urraween, QLD 4655
Medical & Consulting • Offices • Other
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
Queensland Health, 11/1-17 Hershel Court
Urraween, QLD 4655
Map of Queensland Health, 11/1-17 Hershel Court
Queensland Government / Medical Investment
- Secure lease and options to 2027
- Potential depreciation benefits
- Located in medical precinct
+ Secure Government lease with options through to 2027
+ Tenant pays all usual outgoings as per the lease
+ Queensland health in occupation since construction in 2018
+ Annual CPI rental review with ratchet clause
+ Large 422 sqm ground level tenancy with additional 40 sqm mezzanine storage
+ Capital outlay in excess of $1.5 million for modern office fit-out and fibre optic tunnel linking Madsen Medical and Hervey Bay Hospital
+ Net Income: $128, 466 pa* + GST
To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 3rd August 2021 at Yallamundi Rooms, Sydney Opera House
*approx
+ Tenant pays all usual outgoings as per the lease
+ Queensland health in occupation since construction in 2018
+ Annual CPI rental review with ratchet clause
+ Large 422 sqm ground level tenancy with additional 40 sqm mezzanine storage
+ Capital outlay in excess of $1.5 million for modern office fit-out and fibre optic tunnel linking Madsen Medical and Hervey Bay Hospital
+ Net Income: $128, 466 pa* + GST
To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 3rd August 2021 at Yallamundi Rooms, Sydney Opera House
*approx
Property ID: 503863706Last Updated: 1 Oct 2021
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