ASSET

100% Freehold Equity Interest

DESCRIPTION

North Ward comprises a freestanding purpose-built medical facility with two medical tenants over three levels and 78 car spaces. The asset is securely anchored by Avanti Healthy Living Group on a brand new 10-year lease.

The Property is situated in Townsville’s established North Ward neighbourhood, a large and affluent catchment supported by major infrastructure improvements nearby. The expansive freehold site area of 9,957sqm with low site coverage (approximately 24%) offers future development upside.

WALE:  7.3 years
Occupancy (% GLA):  100%
Gross Lettable Area:  2,412sqm
Freehold Land:  9,957sqm
Key Tenants:  Avanti Healthy Living Group