Kilcoy Pathology -$320,000 @ 9.7% Gross Return
Property ID 1968467Ray White is pleased to formally market 1/43-45 Mary Street Kilcoy.
Part of a complex of six, Sullivan Nicolaides Pathology fully occupy tenancy 1 and have been trading in location since July 2014.
Sullivan Nicolaides is on a long term lease until 30th June 2021 with two x 3 year options to extend. Sullivan Nicolaides is responsible for paying: Insurance, Rates and approx 75% of the Body Corporate Fees.
Sullivan Nicolaides is one of the largest members of the Sonic Healthcare Group - an independent, Australian owned, publicly listed company specializing in Pathology and Radiology. Sonic Healthcare is in the top 100 companies on the ASX.
Kilcoy is located approximately 1 hour 35 minutes North West of Brisbane on the D'Aguilar Highway leading to Blackbutt and Kingaroy.
Kilcoy had an annual growth rate over the past 10 years of 2.6% (vs QLD @ 1.9%).
Property Size: 40 m2
Further Information is available upon request including: Lease, Information Memorandum, Rates etc.
Medical - Health - Queensland - SEQ - Single Tenant
Gross income: $33,136 per annum
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