Share this property

Chermside Medical Complex, 956 Gympie Road Chermside, QLD 4032

Directions

Chermside Medical Complex, 956 Gympie Road,
Chermside, QLD 4032

Medical & Consulting • Other

Price information

Sale - Expression of Interest

Contact the exclusive agents

Key property information

Land area

Floor area

Parking info

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of Chermside Medical Complex, 956 Gympie Road

Directions
  • Train stations within 5 km of Chermside Medical Complex, 956 Gympie Road, Chermside, QLD 4032Distance
    Geebung Station2.4 km
    Zillmere Station2.6 km
    Sunshine Station2.7 km
    Virginia Station3.3 km
    Carseldine Station3.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Chermside Medical Complex, 956 Gympie Road, Chermside, QLD 4032Distance
    Murphy Rd at Marchant Park399 m
    Gympie Rd Near Murphy Rd457 m
    Hamilton Rd at Farnell Street462 m
    Hamilton Rd at Chermside503 m
    Webster Rd at Milburn Street657 m
    POWERED BY HERE ©
POWERED BY HERE ©

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

Explore property virtually

If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504057319Last Updated: 26 Jul 2022

realcommercial.com.au logo
Chermside Medical Complex, 956 Gympie Road
Chermside, QLD 4032
JLL - Sydney
Level 25, 420 George Street
SYDNEY, NSW 2000
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

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.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.