A 210sqm character freehold at 1018 Logan Road, Holland Park West, situated on a prominent 933sqm land holding along one of Brisbane South’s key arterial routes, has sold for $3,040,000, equating to an impressive $14,476 per sqm (cold shell).
A new medical centre is on track to open early next year in one of Moreton Bay’s fastest-growing suburbs — bringing fresh healthcare infrastructure just as demand surges across the region. Plans are now finalised, and the development is poised to support local residents with modern medical services and convenient community-level care.
RWC Medical’s Franz Stapelberg and Nicolas Milner have successfully transacted two high-profile assets in Brisbane’s metropolitan fringe; a medical freehold and a volumetric LFR investment.
15-year Triple net lease pharmaceutical manufacturing facility investment at 25 Delawney Street, Balcatta Western Australia for sale by RWC Medical’s Franz Stapelberg and Nicolas Milner.
Reflecting on Q1 2024, RWC Medical is excited to share key insights into the medical property market, including notable trends in strata, freehold, and childcare facility sales.
The commercial real estate sector, particularly private hospital strata suites, exhibits remarkable resilience amid economic shifts. Despite fluctuating cash rates, the demand for these essential healthcare facilities remains inelastic, driving consistent price growth from 2008 to 2023. Limited supply and stringent regulations bolster this trend, making these properties a stable and strategic investment for medical professionals. The sector’s immunity to broader economic conditions positions it as an attractive option for those looking to secure a future in healthcare services.
Australia’s healthcare industry is confronting a critical shortage of workers, a challenge intensified by the aging population and a 15% surge in medical service demand expected in the next three years. With 1.7 million current jobs, the healthcare sector is the nation’s largest employer, representing 30% of the workforce. However, a daunting forecast predicts over 100,000 worker shortages by 2025.
Despite challenges, 2024 promises investment opportunities in commercial real estate, especially in resilient sectors like medical properties, essential retail, and recovering office spaces, amid a high-interest rate environment.
Discover the crucial decision between turnkey tenancies and bespoke fit-outs in healthcare real estate with RWC Medical. Understand cost implications, operational readiness, and compliance considerations for optimal property selection in the medical and allied health sectors.
Exploring essential considerations for healthcare specialists in property selection, focusing on patient accessibility, facility layout, and strategic location to ensure optimal care and enhance business success across Australia.