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956 Gympie Road Chermside QLD 4032

  • Medical / Consulting
  • 2,366 m²
  • For Sale, Contact the exclusive agents

Chermside Medical Complex

    JLL and Cushman & Wakefield are pleased to present for sale Lots 2-6 & 9-10 of the Chermside Medical Complex. The property features a modern purpose-built medical facility anchored by CURA Group in addition to I-Med Radiology, Ophthalmology, Pharmacy, Sullivan Nicolaides Pathology and café.

    Located in an established healthcare facility enjoying tremendous passing traffic
    Excellent tenant covenants underpinned by CURA Group and a strong GP Medical Centre
    Total Net Lettable Area of 2,366 sqm*
    Passing Net Income of $1.3m pa* (as at 1 May 2022)
    Defensive Income stream with a 4 year WALE (by Income)
    Value add potential through unlocking and acquiring remaining strata
    Multiple exit strategies

    The asset is For Sale via Expressions of Interest closing Thursday 2 June 2022 at 2pm (AEDT/AEST).

    Chermside Medical Complex is available individually or as part of the National Healthcare Portfolio. The Portfolio includes 9 securely leased medical assets across four states, with a combined net income of $7.32 million, and anchored by a range of blue chip national medical tenants such as Aurora, Nexus Day Hospitals, ForHealth, St Vincents and IPN Medical Centres.

    The Portfolio includes:
    Kogarah Private Hospital, 1 Derby Street, Kogarah NSW
    Chermside Medical Complex, Lots 2-6 & 9-10, 956 Gympie Road, Chermside QLD
    IPN Logan Central, 295 Kingston Road, Logan Central QLD
    IPN Forest Lake, 7 High Street, Forest Lake QLD
    Mackay Private Hospital, 57 Norris Road, Mount Pleasant QLD
    Gympie Private Hospital, 74-86 Channon Street, Gympie QLD
    Modern Medical Spotswood, 196 Hall Street, Spotswood VIC
    St Vincent's Specialist Centre, 574 Melton Highway, Sydenham VIC
    Rockingham Medical Centre, 18 Civic Boulevard, Rockingham WA

    Property Highlights

    Floor Area2,366 m²
    Land Area1,454 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2017760331
    Category
    Last updated  1 May 2022
    Map for 956 Gympie Road Chermside QLD 4032

    Property Highlights

    Floor Area2,366 m²
    Land Area1,454 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2017760331
    Category
    Last updated  1 May 2022
    Level 22 1 O'connell Street Sydney NSW 2000
    Mike Walsh
    Mike Walsh
    Cushman & Wakefield Sydney
    Frederic LeFanue
    Frederic LeFanue
    Cushman & Wakefield Sydney
    Simon Quinn
    Simon Quinn
    JLL - Sydney
    Elliott O'Shea
    Elliott O'Shea
    JLL - Sydney

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