



Rare Herston Medical Investment with Secure Income Positioned in the heart of Brisbane's premier healthcare precinct, 4/49 Butterfield Street, Herston presents a rare opportunity to acquire a fully leased medical investment underpinned by a quality healthcare occupier and strong rental growth. Strategically located moments from the Royal Brisbane & Women's Hospital, QUT Kelvin Grove, Victoria Park and the Brisbane CBD, the property benefits from exceptional connectivity and long-term demand drivers associated with one of Queensland's most significant medical and education hubs. The property comprises a 442sqm medical facility with 9 exclusive on-site car parks and is leased to Q Sports, a well-established medical occupier, providing investors with secure and defensive cash flow. Key Features: • Securely leased to Q Sports • Net income of approx. $163,000 p.a. + GST • Tenant responsible for 100% of recoverable outgoings • Fixed annual rental increases of 4% • Lease commenced August 2023 • Initial 5-year lease term with a further 5-year option • Approximate building area of 442sqm • 9 exclusive on-site car parks • Established medical facility with approved medical centre use • Positioned within the tightly held Herston medical precinct opposite major healthcare infrastructure This is an exceptional opportunity to secure a high-quality medical investment offering strong income growth, a healthcare-focused tenant covenant, and exposure to one of Brisbane's most sought-after medical locations. For Sale by Expressions of Interest.
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Property ID: 505251528
Original Property ID: 505251528