Win Projects have been engaged to offer this tenanted medical space for sale at Shop 3/13 Medical Place, Urraween, Hervey Bay, 4655.
This modern ground floor premises is in the much sought after Hervey Bay Medical Precinct and is currently tenanted by the respected and accredited nation wide clinic - Attune Hearing.
The precinct is known for its sophisticated, engaged and well-serviced area for employees, patients, visitors and residents.
. Ducted Aircon
. Waiting Room
. Ample Parking
. Generous 93m2 of space
. Asking Price: $440,000
Investment Opportunity:
. Secure National Tenant - current lease expires 4/2025 with five year option
. Annual lease $32,437 (plus GST and Outgoings)
. Yearly CPI Increase
. 7.3% net return
With modern amenities and centrally located next to St Stephens Private Hospital, The Bay Surgery, Genesis Care Radiology and Physiotherapy Sports and Spinal it makes an ideal location with other allied health services and specialists.
The size of Urraween is approximately 7.5 square kilometres. It has 16 parks covering nearly 9.1% of total area. The population of Urraween in 2016 was 6969 people. By 2021 the population was 7951 showing a population growth of 14.1% in the area during that time. The predominant age group in Urraween is 70-79 years. Households in Urraween are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Urraween work in a professional occupation.In 2021, 70.60% of the homes in Urraween were owner-occupied compared with 70.70% in 2016.
Urraween has 4,134 properties. Over the last 5 years, Houses in Urraween have seen a 97.94% increase in median value, while Units have seen a 102.51% increase. As at 31 December 2025:
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