Medical/Consulting for Sale

89 Tingal Road Wynnum, QLD 4178

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Building: 933m²
Land: 1,204m²

Contact the agent if you'd like further information.

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Medical/Consulting for Sale in Wynnum

10-Year WALE | Medical Investment Portfolio | Queensland X-Ray

Building: 933m²
Land: 1,204m²

Next Steps:

Enquire with agent

Additional Information:

More Info

RWC Medical is pleased to present a rare opportunity to acquire a high-quality Brisbane healthcare investment portfolio, comprising two securely leased, freehold medical assets underpinned by long-dated income, fixed rental growth and significant tenant capital investment.

The portfolio offers exposure to two of the most resilient segments of the healthcare property market-primary care and diagnostic imaging-each secured by experienced operators with strong balance sheets and non-discretionary demand drivers.

Property 1: QLD X-Ray Wynnum

89 Tingal Road, Wynnum QLD
• Wynnum city centre location
• 100% freehold title
• 1,204 sqm site area
• 933 sqm net lettable area
• Tenant: Queensland X-Ray (Sonic Healthcare)
• 10-year WALE
• Options to 2056
• 3.5% fixed annual rent reviews
• Net lease structure
• Circa $6.0m tenant fit-out
• Major Centre zoning
• Development upside (STCA)

Property 2: The Retail at Mon Komo

99 Marine Parade, Redcliffe QLD
• Award-winning Mon Komo mixed-use development
• 100% freehold volumetric title
• Approx. 1,010 sqm medical accommodation
• Tenant: Evercare
• Options to 2056
• WALE: 10 years
• 3.0% fixed annual rent reviews
• All outgoings recoverable
• Tenant-funded medical fit-out
• Moreton Bay Region location

Portfolio Investment Rationale
• 2 healthcare assets across Brisbane metropolitan and Bayside markets
• Combined net income: ~$1,075,000 pa
• WALE: ~10 years
• Total lettable area: 1,943 sqm
• 100% net leased portfolio
• Fixed rental growth: 3.0%-3.5% pa
• Lease expiry profile extending to 2056
• Circa $7.0m+ in tenant-funded fit-outs
• Institutional-grade tenant exposure (ASX-listed Sonic Healthcare)
• Major Centre zoning exposure (Wynnum asset)
• Defensive healthcare use classes (primary care + diagnostic imaging)
• Future upside in Portfolio

Available for purchase either individually or as a combined portfolio.
For further information or to make an enquiry, please contact the exclusive sales agents at RWC Medical:

• Nicolas Milner - 0416 433 217
• Franz Stapelberg - 0430 655 676

Building:

933m²

Land:

1,204m² / 0.3 acres

Zone:

Major Centre

Tenancy:

Tenanted

Categories:

Medical/Consulting, Retail

Next Steps:

Enquire with agent

Additional Information:

More Info

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This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply