ForHealth Medical & Radiology Centre, 40 Sapphire Street,
Springfield, QLD 4300
Medical & Consulting • Shops & Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
ForHealth Medical & Radiology Centre, 40 Sapphire Street
Springfield, QLD 4300
Map of ForHealth Medical & Radiology Centre, 40 Sapphire Street
Rare, Freestanding Medical Pad Site | Gateway to $40 million Coles Shopping Centre
- Leased to ForHealth, 80+ Centres
- Tenant pays all outs incl. Land Tax
- Adjoining $40 mil Coles Shopping Centre
Burgess Rawson is pleased to offer to market a premium medical centre located at 40 Sapphire Street, Springfield (Ipswich) QLD for sale via our Investment Auction Portfolio 160.
The property has the following investment highlights:
+ Premium standalone medical centre with a 19 year lease to 2028 plus options to 2038
+ ForHealth: blue-chip healthcare operator with a network of over 80 medical and dental centres, providing 8 million consultations annually**
+ Secure, set-and-forget net lease structure with ForHealth responsible for all outgoings including single holding land tax and management fees
+ Strong and certain income growth with fixed annual, compounding 3% increases
+ Offers substantial depreciation benefits with $270,000 (73%) of current years rent potentially tax free
+ Landlord favourable, single-tenanted medical investment including medical centre, dentistry, radiology, pathology and allied health
+ 1,374sqm* freehold site with dual street frontage and access to ample parking
+ Immaculate 773sqm* facility with a capital intensive fit-out including CT scanner and X-Ray
+ Seamless integration with the $40 million Springfield Fair Shopping Centre, a major neighbourhood shopping destination anchored by Coles Supermarket and BWS - supported by 21 specialty tenants and over 277 car park spaces
+ High profile location, with McDonald’s, KFC, Hungry Jack’s, Reece Plumbing, Tradelink, Bridgestone, 7-Eleven and United Petroleum all within 400 metres*
+ Surrounded by important social infrastructure including the new $45 million University of Southern Queensland, two main train stations and 5 major schools within 3km* servicing over 6,735 full time students***
+ The subject property is the only large (10+ GP's) medical centre within a 6km* radius, with 15 GP's***
+ Springfield City: 22km* from Brisbane CBD: Australia’s largest master-planned city, forecast to grow 130% to over 115,000 by 2036****
+ Springfield City: located within the City of Ipswich, the fastest-growing municipality in Queensland, with population forecast to surge 122% to 520,000 by 2041*****
+ Net Income: $371,418 pa* + GST
To be sold by Investment Portfolio Auction (unless sold prior)
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane
*Approx.
**ForHealth
***GapMaps
****Greater Springfield
*****Ipswich QLD Government
The property has the following investment highlights:
+ Premium standalone medical centre with a 19 year lease to 2028 plus options to 2038
+ ForHealth: blue-chip healthcare operator with a network of over 80 medical and dental centres, providing 8 million consultations annually**
+ Secure, set-and-forget net lease structure with ForHealth responsible for all outgoings including single holding land tax and management fees
+ Strong and certain income growth with fixed annual, compounding 3% increases
+ Offers substantial depreciation benefits with $270,000 (73%) of current years rent potentially tax free
+ Landlord favourable, single-tenanted medical investment including medical centre, dentistry, radiology, pathology and allied health
+ 1,374sqm* freehold site with dual street frontage and access to ample parking
+ Immaculate 773sqm* facility with a capital intensive fit-out including CT scanner and X-Ray
+ Seamless integration with the $40 million Springfield Fair Shopping Centre, a major neighbourhood shopping destination anchored by Coles Supermarket and BWS - supported by 21 specialty tenants and over 277 car park spaces
+ High profile location, with McDonald’s, KFC, Hungry Jack’s, Reece Plumbing, Tradelink, Bridgestone, 7-Eleven and United Petroleum all within 400 metres*
+ Surrounded by important social infrastructure including the new $45 million University of Southern Queensland, two main train stations and 5 major schools within 3km* servicing over 6,735 full time students***
+ The subject property is the only large (10+ GP's) medical centre within a 6km* radius, with 15 GP's***
+ Springfield City: 22km* from Brisbane CBD: Australia’s largest master-planned city, forecast to grow 130% to over 115,000 by 2036****
+ Springfield City: located within the City of Ipswich, the fastest-growing municipality in Queensland, with population forecast to surge 122% to 520,000 by 2041*****
+ Net Income: $371,418 pa* + GST
To be sold by Investment Portfolio Auction (unless sold prior)
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane
*Approx.
**ForHealth
***GapMaps
****Greater Springfield
*****Ipswich QLD Government
Property ID: 504296716Last Updated: 7 Feb 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
11-15 Moordale Street,Chapel Hill, QLD 4069 828 m²Medical & Consulting • Shops & Retail • Other