Healthcare

Willetts Road Health & Medical Hub

93 Willetts Road Mount Pleasant, QLD Australia 4740
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Building Area Gross
Occupancy 100.0 %

Asset Description

JLL are pleased to offer Willetts Road Health & Medical Hub - 93 Willetts Road, Mount Pleasant QLD for sale via Expressions of Interest.

Key investment highlights include:

Investment Highlights

  • Ideally located adjacent to the 105-bed Mater Private Hospital Mackay and within the broader Mackay healthcare precinct. 
  • The asset benefits from a well-established mix of complimentary tenants - many of which have been in occupation since the building’s inception
  • Functional, health centric design with modern improvements and efficient intertenancy connectivity
  • Favourable annual review mechanisms tied to CPI or CPI plus percentage structures to ensure income growth is aligned with inflationary costs
  • A major, non-cyclical asset class, underpinned by defensive income streams and non-discretionary spending
  • Resilient local economy bolstered by interstate migration resulting in increased retail spending, population growth and housing approvals
  • Fully Leased Net Passing Income of $418,032* per annum plus GST

*Estimated


A 100% freehold interest in Willetts Road Health & Medical Hub is being offered via Expressions of Interest closing Thursday 10th November 2022 at 4pm (AEST).

Last Updated Date: 12 Oct 2022

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Last Updated Date: 12 Oct 2022

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