5/2431 Gold Coast Highway
Mermaid Beach 4218

Tony Grbcic and Adam Grbcic from Kollosche Commercial are proud to present to the market, Lot 5 at 2431 Gold Coast Highway, Mermaid Beach.

The Property is strategically located on the eastern side of the Gold Coast Highway, only minutes to Pacific Fair, Broadbeach Business District and a mix of high end and high density residential precincts.

Comprising ground floor strata title lot which is split into 3 tenancies and within a purpose built medical centre. The building is anchored by a private medical clinic, pharmacy and has an array of medical services which together compliment each other well to provide a one stop shop for medical services.

Lot 5 has the following key attributes:

- Total building area 195m²*

- Car parks: 7 on title in a secure basement environment

- Split into 3 purpose built tenancies

- Current Tenants: QML Pathology (one of Australia's Major Pharmaceutical companies), a psychologist and a dental practice

The key investment drivers include:

- QML: 3 + 3 year lease, commencing 18/05/2021

- Psychologist: 3 + 3 year lease, commencing 23/01/2021

- Dental Practice: 5 year lease, commencing 01/07/2022 with 3 x 5 year options

- Outgoings: 100% recoverable by the tenants

- Total Net Income: $114,578 + GST per annum (approx.)

Investments within the medical sector are rarely available and offer the investor a high level of security, strong tenure and low maintenance, making this the ideal property for a self managed super fund or investor looking for a hassle free and secure opportunity.

The Property is being sold on an offer to purchase basis.

Please contact either Tony Grbcic or Adam Grbcic for more information.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.