BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Entry-Level Medical Investment Leased to Australasia's Largest Dental Support Provider\nCBRE is pleased to offer to the market a rare e ntry level medical asset located at 3/1207 Riverway Drive\, Rasmussen (To wnsville) QLD 4815 for sale via Investment Portfolio Auction 186.\n\nThis opportunity has the following key investment highlights:\n\n+ Five (5) y ear lease to 1300 Smiles to June 2030 plus two (2) further five (5) year options to 2040\n+ 1300 Smiles: established dental provider operating in 30+ clinics across Queensland & New South Wales and wholly owned by Abano Healthcare Group (1)\n+ Abano Healthcare Group: Australasia's largest de ntal support organisation (220+ locations)\, wholly owned by BGH Capital & OTPP (2)\n+ Long-standing tenant on-site for 10+ years\, part of the 'U pper Ross Medical Centre' and co-located with QML Pathology and Discount Drug Stores \n+ 27\,402 residents and 7 schools within the immediate resi dential catchment (3)\n+ Landlord favourable net lease structure with ten ant responsible for 100% of outgoings\, including land tax and management fees\n+ Attractive fixed 3% annual rent increases ensuring consistent an d compounding income growth\n+ Modern 195sqm* tenancy including reception \, consultation rooms and extensive dentistry fit out\n+ Prominently posi tioned with direct frontage to Riverway Drive\, a major arterial carrying over 150\,000+ vehicles weekly (3)\n+ Perfectly located within 200m* of Riverway Plaza\, a major retail hub anchored by Woolworths\, McDonalds\, KFC and 20+ specialty retailers (4)\n+ Rasmussen: established suburb of T ownsville with median house prices increasing 16.8% in the last 12 months and experience a period of rapid growth with the current development of the new Somers & Harvey Estate\, a brand new 80-hectare master planned co mmunity expected to support over 800 new families (5) (6)\n+ Townsville: largest city in Northern Australia\, with population forecast to grow 52% to 306\,053 residents by 2046 with $27 billion in infrastructure project s underway (7) (8)\n+ Net income: $122\,724 pa* + GST\n\nFor Sale via Inv estment Portfolio Auction 186\n10:30am (AEST) Thursday 6 August 2026\nLev el 3\, Waterfront Place\, Brisbane\n\nPlease contact the exclusively appo inted CBRE team for more information.\n\n*Approx\n\n1. 1300 Smiles\n2. Ab ano Healthcare Group\n3. Gap Maps\n4. Riverway Plaza\n5. realestate.com\n 6. Somers & Hervey\n7. Community ID\n8. Townsville Enterprise DTEND:20260806T113000 DTSTAMP:20260717T042242Z DTSTART:20260806T103000 LOCATION:Level 3\, 1 Eagle St\, Brisbane SEQUENCE:0 SUMMARY:Auction: 3/1207 Riverway Drive\, Rasmussen QLD UID:CRE-2021003356-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Entry-Level Medical Investment Leas ed to Australasia's Largest Dental Support Provider
CBRE is pleased to offer to the market a rare entry level medical asset located at 3/120 7 Riverway Drive\, Rasmussen (Townsville) QLD 4815 for sale via Investmen t Portfolio Auction 186.

This opportunity has the following key investment highlights:

+ Five (5) year lease to 1300 Smi les to June 2030 plus two (2) further five (5) year options to 2040
+ 1300 Smiles: established dental provider operating in 30+ clinics acro ss Queensland & New South Wales and wholly owned by Abano Healthcare Grou p (1)
+ Abano Healthcare Group: Australasia's largest dental suppor t organisation (220+ locations)\, wholly owned by BGH Capital & OTPP (2)
+ Long-standing tenant on-site for 10+ years\, part of the 'Upper R oss Medical Centre' and co-located with QML Pathology and Discount Drug S tores
+ 27\,402 residents and 7 schools within the immediate resid ential catchment (3)
+ Landlord favourable net lease structure with tenant responsible for 100% of outgoings\, including land tax and manage ment fees
+ Attractive fixed 3% annual rent increases ensuring cons istent and compounding income growth
+ Modern 195sqm* tenancy inclu ding reception\, consultation rooms and extensive dentistry fit out
+ Prominently positioned with direct frontage to Riverway Drive\, a majo r arterial carrying over 150\,000+ vehicles weekly (3)
+ Perfectly located within 200m* of Riverway Plaza\, a major retail hub anchored by W oolworths\, McDonalds\, KFC and 20+ specialty retailers (4)
+ Rasmu ssen: established suburb of Townsville with median house prices increasin g 16.8% in the last 12 months and experience a period of rapid growth wit h the current development of the new Somers & Harvey Estate\, a brand new 80-hectare master planned community expected to support over 800 new fam ilies (5) (6)
+ Townsville: largest city in Northern Australia\, wi th population forecast to grow 52% to 306\,053 residents by 2046 with $27 billion in infrastructure projects underway (7) (8)
+ Net income: $122\,724 pa* + GST

For Sale via Investment Portfolio Auctio n 186
10:30am (AEST) Thursday 6 August 2026
Level 3\, Waterfr ont Place\, Brisbane

Please contact the exclusively appointe d CBRE team for more information.

*Approx

1. 13 00 Smiles
2. Abano Healthcare Group
3. Gap Maps
4. Rive rway Plaza
5. realestate.com
6. Somers & Hervey
7. Comm unity ID
8. Townsville Enterprise

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