Knight Frank Townsville is excited to present to the market 2/9-13 Kokoda Street, Idalia.

9-13 Kokoda Street is an allied health/commercial complex located in the heart of a newly established suburb of Idalia. The development was built in 2016 comprising of a three storey building featuring three strata titled allied health/commercial tenancies on ground floor with two levels of residential apartments above.

Key attributes:

- Outstanding covenant leased to NQ Physio Solution
- Net lease structure with tenant responsible for all outgoings
- Fixed 3% annual rent reviews providing strong inbuilt growth
- November 2026 lease expiry plus 2 x 5 year options
- 145 sqm* building area
- Strategic position beside Fairfield Waters Medical Centre and the Carinity Fairfield Grange aged care facility
- Price expectations 8.5% of the net income

For further information or to arrange an inspection, please contact the exclusive agents Mark Fitzgerald or Dan Place.

*Approximately