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SOLD - Brisbane City - 5 Year Net Lease to National Medical Group With 30+ Year History
Suite 63, 46 Edward Street Brisbane City QLD 4000
Investments
Investment
Property No.
Key Property Highlights
| Building Area | 434 sqm |
|---|---|
| Parking | 5 basement car parks all on separate titles |
| Listing Status | Sold |
Cushman & Wakefield are pleased to present to the market Suite 63, 46 Edward Street, Brisbane City For Sale via Offers to Purchase.
The property has the following key characteristics:
- Renewed 5 year net lease to 2023 + options to 2028
- Executive Health Solutions - Proud 30+ year old company, a leading national provider of medical and health management solutions with clinics in Sydney, Melbourne and Brisbane
- Commanding whole floor comprising 434 sqm space with 5 secure basement car parks + 36 sqm basement storage facility all on separate titles
- Tenants in occupation since 2013, modern medical consulting rooms with offices and exercise area
- Landlord friendly net lease - Tenant responsible for all outgoings including Land Tax, Body Corporate and Management Fees
- Significant lease security provided with a Bank Guarantee of $86,800
- Edward Street - Brisbane CBD’s high end retail and fashion strip home to international brands including Cartier, Gucci, Zegna, Omega, Hermes, Louis Vuitton and Hugo Boss
- Fixed 4% annual rent increases
- Net Effective Income $205,612 pa + GST
Please contact the Exclusive agents at Cushman & Wakefield for further information.