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

Attributes

Year Built 1999
Building Area
Land Area ()

Property Description

JLL is proud to offer 85-91 Willetts Road & 1/3 Discovery Lane, Mount Pleasant for sale via Expressions of Interest.

Investment Highlights

Property Highlights:


  • Securely leased healthcare investment with outstanding tenancy mix including two freestanding day hospitals.
  • Blue Chip tenant profile including Vision Eye Institute (32%* of NLA) and Queensland Fertility Group (35%* of NLA).
  • Strategic location in the heart of Mackay’s key Healthcare precinct, directly opposite the Mater Private Hospital Mackay and Emergency Care Centre.
  • Weighted Average Lease Expiry of 4 Years* (by Income).
  • Four separate titles including three purpose built freestanding healthcare facilities totalling 2,458sq.m* of NLA and a 2,000sq.m* development site (STCA).
  • Multiple exit strategies and significant development potential (STCA).
  • Net Income of $856,144* and in-built rental growth.

Expressions of Interest closing Thursday 13 May 2021 at 12pm.

Last Updated Date: 03 Aug 2021
Simon Quinn
Director, Alternative Investments

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Last Updated Date: 03 Aug 2021

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