BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Sonic Healthcare-Anchored Medical Centre with Council-Approved Expansion\nKnight Frank and MP Commercial are pleased to present 289-295 K ingston Road\, Logan Central\, known as Logan Central Medical Centre\, a m ulti-tenanted medical centre with 20+ years of trading history and offerin g a council-approved 1\,008 sqm* expansion.\n\nThe 1\,852 sqm* NLA centre is anchored by ASX top 50 Sonic Healthcare\, which underwrites 63%* of inc ome via Queensland X-Ray\, IPN Medical Centres and Sullivan Nicolaides Pat hology\, supported by pharmacy\, allied health\, legal and food tenancies. IPN operates a nine-doctor bulk-billing general practice in a market wher e Logan has 27% fewer GPs per 100\,000 residents than the Queensland avera ge.\n\nLogan Central Medical Centre occupies an elevated 8\,153 sqm* corne r at the intersection of Kingston Road and Wembley Road\, with exposure to 40\,000+ vehicles daily and directly opposite Logan City Centre and Logan Central Plaza\, anchored by Woolworths\, Coles and Kmart with 100+ specia lty retailers. \n\nKey Investment Highlights of this opportunity include: \n\n- Established medical centre with 20+ years trading history \n- Net pa ssing income of $885\,883 p.a.* (89%* occupancy) plus GST\n- ASX top 50 So nic Healthcare underwrites 63%* of income via Queensland X-Ray\, IPN Medic al Centres and Sullivan Nicolaides Pathology\n- IPN operates a nine-doctor bulk-billing general practice\n- Logan has 27% fewer GPs per 100\,000 res idents than the Queensland with access to bulk-billing GP services identif ied as a priority need for the region\n- 4.5-year* WALE by income \n- Coun cil-approved 1\,008 sqm* expansion lifting NLA by 54% (current to Nov-31)\ n- 8\,153 sqm* corner site with exposure to 40\,000+ vehicles daily\n- Dir ectly opposite Logan City Centre and Logan Central Plaza (Woolworths\, Col es and Kmart plus 100+ specialty retailers)\n- Healthcare is Logan's large st employing industry (24\,520 local jobs\; $2.07 billion to an $18.24 bil lion GRP)\, with a $1 billion+ Logan Hospital expansion driving forecast 1 10% admissions growth over 15 years\n- Logan forecast to grow 53.9% to 539 \,874 residents by 2046\, with the 65+ cohort up 113.7%\n\n289-295 Kingsto n Road\, Logan Central is For Sale via Expressions of Interest closing at 2:00pm (AEST) on Thursday\, 3 September 2026.\n\n*Approximate\, as at 1 No vember 2026. Sources: Sonic Healthcare\; City of Logan Economic Update (NI EIR)\; Metro South Health\; QGSO\; AIHW\; PHIDU Social Health Atlas (NHWDS 2023)\;TMR. DTEND:20260903T150000 DTSTAMP:20260806T023618Z DTSTART:20260903T150000 SEQUENCE:0 SUMMARY:Expression Of Interest: 289-295 Kingston Road\, Logan Central QLD UID:CRE-2021052130-EOI X-ALT-DESC;FMTTYPE=text/html:

Sonic Healthcare-Anchored Medical Cen tre with Council-Approved Expansion
Knight Frank and MP Commercial a re pleased to present 289-295 Kingston Road\, Logan Central\, known as Log an Central Medical Centre\, a multi-tenanted medical centre with 20+ years of trading history and offering a council-approved 1\,008 sqm* expansion.

The 1\,852 sqm* NLA centre is anchored by ASX top 50 Sonic H ealthcare\, which underwrites 63%* of income via Queensland X-Ray\, IPN Me dical Centres and Sullivan Nicolaides Pathology\, supported by pharmacy\, allied health\, legal and food tenancies. IPN operates a nine-doctor bulk- billing general practice in a market where Logan has 27% fewer GPs per 100 \,000 residents than the Queensland average.

Logan Central Me dical Centre occupies an elevated 8\,153 sqm* corner at the intersection o f Kingston Road and Wembley Road\, with exposure to 40\,000+ vehicles dail y and directly opposite Logan City Centre and Logan Central Plaza\, anchor ed by Woolworths\, Coles and Kmart with 100+ specialty retailers.

Key Investment Highlights of this opportunity include:

- Established medical centre with 20+ years trading history
- Net passing income of $885\,883 p.a.* (89%* occupancy) plus GST
- ASX to p 50 Sonic Healthcare underwrites 63%* of income via Queensland X-Ray\, IP N Medical Centres and Sullivan Nicolaides Pathology
- IPN operates a nine-doctor bulk-billing general practice
- Logan has 27% fewer GPs per 100\,000 residents than the Queensland with access to bulk-billing GP services identified as a priority need for the region
- 4.5-year* W ALE by income
- Council-approved 1\,008 sqm* expansion lifting NLA by 54% (current to Nov-31)
- 8\,153 sqm* corner site with exposure t o 40\,000+ vehicles daily
- Directly opposite Logan City Centre and Logan Central Plaza (Woolworths\, Coles and Kmart plus 100+ specialty reta ilers)
- Healthcare is Logan's largest employing industry (24\,520 l ocal jobs\; $2.07 billion to an $18.24 billion GRP)\, with a $1 billion+ L ogan Hospital expansion driving forecast 110% admissions growth over 15 ye ars
- Logan forecast to grow 53.9% to 539\,874 residents by 2046\, w ith the 65+ cohort up 113.7%

289-295 Kingston Road\, Logan Ce ntral is For Sale via Expressions of Interest closing at 2:00pm (AEST) on Thursday\, 3 September 2026.

*Approximate\, as at 1 November 2026. Sources: Sonic Healthcare\; City of Logan Economic Update (NIEIR)\; Metro South Health\; QGSO\; AIHW\; PHIDU Social Health Atlas (NHWDS 2023)\ ;TMR.

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