Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area

Property Description


* Fully leased medical property investment with outstanding tenancy mix including large Day Surgery, Pharmacy, GP Medical Centre and Pathology Laboratory.

*Blue Chip tenant profile including Ramsay Health Care (67% of NLA), QML (23% of NLA), and Cairns 24 Hour Medical Centre (10% of NLA).

*Strategic location in the heart of Cairns CBD and the regions key Healthcare Precinct.

*Weighted Average Lease Expiry of 7.9 Years (by Income).

*Purpose built freestanding facility totalling 2,468sq.m with ample basement carparking.

*Net Income of $1.36M and in-built rental growth from CPI to 4%.


For Sale Via Expressions of Interest Closing Friday 16th October 2020 at 12pm AEST

Investment Highlights

*Fully Leased Healthcare Real Estate Investment

*Blue Chip Tenant Profile including Ramsay Health Care, QML and Cairns 24 Hour Medical Centre

*Strategic location in the heart of Cairns CBD and the regions key Healthcare Precinct

Last Updated Date: 02 Nov 2020
Simon Quinn
Director, Alternative Investments
Noral Wild
Noral Wild
Head of Alternative Investments - Australia

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Last Updated Date: 02 Nov 2020

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