BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:4-Building Healthcare Campus within Redlands Health Precinct\nK night Frank and Colliers are pleased to present 16-24 Weippin Street\, Cle veland\, known as Bayside Business Park\, a fully-leased\, four building h ealthcare campus in South-East Queensland's rapidly expanding Redlands Hea lth Precinct.\n\nThe 5\,677 sqm* asset comprises 8 tenants occupied by a c omplementary mix of tier 1 healthcare services providers including Icon Ca ncer Care\, Mater Health\, QLD X-Ray\, Snap Fitness and a newly establishe d Urgent Care Clinic plus a 75 place childcare centre\, adding on-campus a menity to support the local health workforce.\nBayside Business Park is pr ominently positioned on a 1.47 ha* land-rich site directly opposite the 60 -bed Mater Private Hospital Redland and adjacent to the recently expanded 270-bed Redland Hospital\, providing a natural referral and patient-feeder network for on-site practitioners. It also offers drive-through connecti vity between two major employment nodes\, the Redlands health precinct and the Cleveland commercial and industrial area.\n\nKey investment highlight s of this opportunity include: \n- Fully leased net passing income of $3\, 231\,492 p.a.* net plus GST\n- 3.96-year WALE by income with staggered lea se expiry profile\n- Tier 1 occupiers include Icon Cancer Care\, Mater Hea lth\, Urgent Care Clinic\, QLD X-ray\n- Complementary mix of healthcare sp ecialties including radiation oncology\, diagnostics\, radiology\, primary care\, allied health\, specialist consult suites and retail pharmacy\n- P rominent location within the Redland Health Precinct\, anchored by the rec ently expanded 270-bed Redland Hospital and the co-located 60-bed Mater Pr ivate Hospital Redland\n- Redland Hospital Precinct backed by more than $3 00 million of recent expansion\, including a new ICU and 37 additional bed s\, with further stages pending\n- Value-add potential through further str atification (STCA)\n- Over-60's cohort is 39% higher in Redlands vs greate r Brisbane average\, driving demand for healthcare services Highly accessi ble 1.47 ha* site with drive-through connectivity between two major employ ment nodes\, the Redland Health Precinct and the Cleveland commercial and industrial area\n- 219* on-site car parks (1:25)\n\n16-24 Weippin Street\, Cleveland is For Sale via Expressions of Interest closing at 3:00pm (AEST ) on Thursday\, 27 August 2026.\n\n*Approximate\, as at 1 September 2026. \nSources: Metro South Health\; Queensland Health\; profile.id\; ABS\; Sha pingSEQ. DTEND:20260827T150000 DTSTAMP:20260729T051241Z DTSTART:20260827T150000 SEQUENCE:0 SUMMARY:Expression Of Interest: 16-24 Weippin Street\, Cleveland QLD UID:CRE-2021031208-EOI X-ALT-DESC;FMTTYPE=text/html:

4-Building Healthcare Campus within R edlands Health Precinct
Knight Frank and Colliers are pleased to pre sent 16-24 Weippin Street\, Cleveland\, known as Bayside Business Park\, a fully-leased\, four building healthcare campus in South-East Queensland's rapidly expanding Redlands Health Precinct.

The 5\,677 sqm* asset comprises 8 tenants occupied by a complementary mix of tier 1 health care services providers including Icon Cancer Care\, Mater Health\, QLD X- Ray\, Snap Fitness and a newly established Urgent Care Clinic plus a 75 pl ace childcare centre\, adding on-campus amenity to support the local healt h workforce.
Bayside Business Park is prominently positioned on a 1. 47 ha* land-rich site directly opposite the 60-bed Mater Private Hospital Redland and adjacent to the recently expanded 270-bed Redland Hospital\, p roviding a natural referral and patient-feeder network for on-site practit ioners. It also offers drive-through connectivity between two major emplo yment nodes\, the Redlands health precinct and the Cleveland commercial an d industrial area.

Key investment highlights of this opportun ity include:
- Fully leased net passing income of $3\,231\,492 p.a. * net plus GST
- 3.96-year WALE by income with staggered lease expir y profile
- Tier 1 occupiers include Icon Cancer Care\, Mater Health \, Urgent Care Clinic\, QLD X-ray
- Complementary mix of healthcare specialties including radiation oncology\, diagnostics\, radiology\, prima ry care\, allied health\, specialist consult suites and retail pharmacy - Prominent location within the Redland Health Precinct\, anchored by the recently expanded 270-bed Redland Hospital and the co-located 60-bed M ater Private Hospital Redland
- Redland Hospital Precinct backed by more than $300 million of recent expansion\, including a new ICU and 37 ad ditional beds\, with further stages pending
- Value-add potential th rough further stratification (STCA)
- Over-60's cohort is 39% higher in Redlands vs greater Brisbane average\, driving demand for healthcare s ervices Highly accessible 1.47 ha* site with drive-through connectivity be tween two major employment nodes\, the Redland Health Precinct and the Cle veland commercial and industrial area
- 219* on-site car parks (1:25 )

16-24 Weippin Street\, Cleveland is For Sale via Expression s of Interest closing at 3:00pm (AEST) on Thursday\, 27 August 2026.

*Approximate\, as at 1 September 2026.
Sources: Metro South Health\; Queensland Health\; profile.id\; ABS\; ShapingSEQ.

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