10/160 Cotlew Street, Ashmore QLD 4214

Located in the Medical Precinct of the Woolworths anchored and fully leased Ashmore Plaza Shopping Centre. This well appointed Medical Retail Suite is now available for sale. Set in the bustling Retail Precinct with its quality allied health tenants its assured of future growth potential.

Occupied by QML Pathology over the last 13 years.
Current lease in place until 15 February 2027.

Inflation proof CPI Review Dates until February 2029 and if options are exercised until 16 February 2032.

Approximately 7.5% returns*

100% of outgoings including Body Corporate fees, Council and Water rates paid by the Tenant.

This property has Council approval for Medical use.

It boasts a practical layout consisting of reception/waiting area, one collection room, another consulting room/kitchen and a bathroom, fitted with 3 air conditioning units. This practice has wheelchair access and ample patient and visitor parking.

PROPERTY FEATURES:
• Rectangular 50 sqm medical premises
• Welcoming reception and waiting area
• Wheelchair Access
• Collection Room
• Kitchen/consulting room
• Quality bathroom facilities
• Three air-conditioning units for optimal comfort
• Full council approval for medical use
• Professional fit out for a pathology clinic
• Long standing blue-chip tenant with excellent rental history
• CPI review options in place
• Located in popular retail premises surrounded by medical and health related businesses
• Ample patient and visitor parking

Whether you are expanding your Commercial Investment portfolio or searching for a premium consulting space, this property offers a rare opportunity in a tightly held and popular multi purpose precinct at a reasonable, entry level price

For more information or to arrange a private inspection, contact Chris Boshoff today on 0409 740 302.

DISCLAIMER: Lucy Cole Prestige Properties and its agents in preparing this marketing have used our best endeavours to ensure the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may inadvertently occur. Prospective purchasers should make their own enquiries and due diligence to verify the information contained herein.