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