11 Queen Street, GRAFTON

$850,000


National Healthcare Tenant. Secure Five-Year Lease. Affordable Investment.

11 Queen Street, Grafton is leased to Bupa Dental, an instantly recognisable name that brings strength, credibility and confidence to the investment. Having occupied the Property for approximately ten years, Bupa Dental has committed to a new five-year lease with further options available, reinforcing the suitability of the premises and the tenant’s established connection to the location.

The lease is structured on a semi-net basis, with a portion of the Property outgoings recovered in addition to the rent. Offered for sale at $850,000 including GST, the asking price reflects an approximate yield of 6.5% on the available rental income. Further details regarding the lease, income and recoverable outgoings are available within the Information Memorandum.

Purposefully converted to accommodate specialist dental services, the Property combines the warmth and character of its Federation origins with the functionality required of a modern healthcare premises. Its landscaped frontage provides privacy for patients and staff while creating an appealing and professional street presence.

Positioned on the fringe of the Grafton CBD, 11 Queen Street enjoys convenient access to government offices, shopping centres, professional services and other healthcare providers.

Offering an attractive combination of tenant recognition, lease security, established use and an affordable entry price, this is an outstanding opportunity for first-time commercial investors or experienced purchasers seeking to add a well-positioned medical asset to their portfolio.

**Investment Highlights**

* Leased to nationally recognised Bupa Dental
* New five-year lease with further options
* Established tenant in occupation for approximately ten years
* Semi-net lease with partial recovery of Property outgoings
* Approximate 6.5% yield on available rental income
* Offered at $850,000 including GST
* Purpose-converted specialist dental premises
* Charming Federation-style architecture and landscaped privacy
* Convenient location on the fringe of the Grafton CBD

Behind the established gardens and timeless façade of this charming Federation-style property lies a compelling commercial investment—one secured by a nationally recognised healthcare tenant and offered at an accessible price point. We expect this rare investment opportunity to attract substantial interest. For further information, please contact Natasha Hillery of NJW Commercial on 0478 705 466.

Natasha Hillery
Natasha HilleryGet in touch

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