49 Old Northern RoadAlbany Creek QLD 4035
Property Details for 49 Old Northern Rd, Albany Creek
Last Listing description (July 2024)
Under Contract JLL are pleased to present for sale, a purpose-built multidisciplinary facility with major long standing tenants offering general practice medicine, pharmacy, dentistry, psychology and pathology. Situated on a substantial Centre zoned 4,109m site, Radius Medical Centre offers a secure income stream via its impressive 8.25-year WALE*, underpinned by a strongly performing healthcare ecosystem of 30+ doctors on-site.Stand-alone, purpose-built facility that has been well maintained since construction in 2003.Underpinned by a significant 8.25-year* WALE, the centre offers a secure long term cashflow, supported by greater of CPI or 3.00% built-in annual reviews.A major, non-cyclical asset class with institutional appeal, underpinned by defensive income streams and non-discretionary spending.30+ medical specialists operating from the centre. Situated on a significant 4,109m parcel of land in Albany Creek, Radius Medical Centre enjoys a prime location with desirable Centre zoning as per the Moreton Bay Regional Council Planning Scheme.
Property History for 49 Old Northern Rd, Albany Creek, QLD 4035
- 22 Jul 2024Sold
- 15 Jul 2024Listed for Sale Contact exclusive selling agents
- 30 Sep 2016Sold for $4,200,000
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About Albany Creek 4035
The size of Albany Creek is approximately 9.7 square kilometres. It has 48 parks covering nearly 20.8% of total area. The population of Albany Creek in 2011 was 15,860 people. By 2016 the population was 15,775 showing a population decline of 0.5% in the area during that time. The predominant age group in Albany Creek is 50-59 years. Households in Albany Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany Creek work in a professional occupation. In 2011, 82.6% of the homes in Albany Creek were owner-occupied compared with 80.7% in 2016.
Albany Creek has 6,642 properties.
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