ASSET

100% Freehold Equity Interest

DESCRIPTION

Parkwood Family Practice comprises a medical centre fully leased to IPN Medical Centres with subleases to a pharmacy, family practice, physiotherapist and pathology collection centre. The asset benefits from a prominent position within the Gold Coast University Hospital precinct.

The building services as a GP clinic for the area with an out-of-hours facility via a separate security entrance with its own consulting rooms, waiting area and reception. There is an undercroft car parking for 10 vehicles and a visitor car park with 26 car spaces.

WALE:  3.3 years
Occupancy (% GLA):  100%
Gross Lettable Area:  856sqm
Freehold Land:  2,048sqm
Key Tenants:  IPN Medical