SOLD - Carina (Brisbane) - Freehold Medical Asset with Development Upside

Cushman & Wakefield is pleased to present to the market 1352 Creek Road, Carina for Sale via Expressions of Interest.

The property has the following key characteristics:

• Total site area 789 sqm* with 24m* frontage to Creek Road
• Zoned ‘Low Density Residential’ with permitted medical use
• 118 sqm ground floor specialist centre, 96 sqm apartment & approval for 274 sqm NLA
• Development Approval until June 2025 for a 60 sqm extension on level one & 16 onsite car parks (1:17sqm ratio)
• High-quality modern build with noteworthy road presence
• Strong health catchment in proximity to Greenslopes Private Hospital (631 bed facility) & Belmont Private Hospital (14 bed facility)
• Companies ‘Creek Road Dental’ & ‘Creek Road Health’ with an established customer base will be included in this sale
• Located nearby excellent retail amenity supported by Westfield Carindale with over 450 speciality stores & anchor tenants.
• Carina - Affluent eastern suburb of Brisbane located 10 km* east of the CBD, 18 km* to Brisbane Airport & 78 kms* to the Gold Coast
• Estimated 12,369 residents located in Carina growing at a rapidly higher rate for persons 65+ in comparison to Brisbane LGA*

The investment is for sale by way of Expressions of Interest closing Wednesday 22 September at 4pm.

Should you hold interest in the asset please contact the exclusively appointed Cushman & Wakefield property professionals.