SOLD BY THE DOCTOR FOR $1,600,000

Sold $1,600,000

Medical/Consulting

Description

Medical/Consulting Sold - KIPPA-RING QLD

• Long-Term Tenanted Investment
• Established Medical Services Precinct
• Excellent Future Potential

This is a rare opportunity to secure 304 sqm (Lots 1 and 2) of prime commercial real estate in a thriving and well established medical services precinct known as the Peninsula Specialist Centre. First time to the market in 40 years.

This property has been leased to the same tenant, QML Pathology, for the past 40 years. The current lease has just over four years to run (until Feb 2028) with an option for a further five years. The Owners are currently netting $116,266 per year (with annual CPI rent reviews) after all costs, making this an attractive investment for those wanting good returns while watching their asset value grow.

The future potential of this offering within the Peninsula Specialist Medical Centre has never looked better with the Peninsula Private Hospital right next door currently undergoing a massive new extension (see marked up drone photo). With several aged care residential centres within 100 metres of this complex this medical services precinct has so much to offer the new owner.

This property is being sold by Expressions of Interest (EOI) closing at 5 p.m. on Monday 18th December 2023. The Seller reserves the right to close the offer earlier than 18th Dec. Contact Jeff Smith on 0432 00 33 … or jeff.smith@realdr.com.au for further details.

Property Features

Medical/Consulting
Floor Area is 304 m²

Commercial Features

Highlight 1

Long-Term Tenanted Investment

Highlight 2

Established Medical Services Precinct

Highlight 3

Excellent Future Potential

About
Bio
Contact

Jeff Smith

Principal

Mob: 0432 00 33 55

Jeff has been selling real estate full-time since 2014 and is passionate about delivering great outcomes for both sellers and buyers. His extensive knowledge and personal experience in developing, building, buying, renovating, and selling property will enable you to unlock a well thought out sales strategy, and produce the best possible outcome for your property.

An internationally published biomedical research scientist by background, Jeff is meticulous in managing the selling process and his attention to detail is second to none. He’s a country boy at heart (Blackall, Central Queensland) and understands what makes people tick. He is able to quickly build trust and rapport with people to put them at ease that their property sale is being managed with the utmost care and professionalism.

Jeff founded The Real Estate Doctor in 2021 to enable him to be more flexible in the terms and conditions he can offer to his clients – as well as what he can contribute to MindFx Limited, a charity he helped establish to deliver better recovery pathways for young adults with challenging mental illness.

In his spare time, Jeff enjoys playing squash (the number one sport for your health according to Forbes (2003), advocating for better mental health outcomes and social inclusion (MindFx and Walk ‘n’ Talk for Life), spending time with friends and family, and travelling to new and interesting places.

“Call or email me and let’s get the conversation started about you and your Real Estate needs and expectations; I am here to provide you with the very best professional help you will ever experience”

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SOLD BY THE DOCTOR FOR $1,600,000

Description