IPN Forest Lake, 7 High Street,
Forest Lake, QLD 4078
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Map of IPN Forest Lake, 7 High Street
Train stations within 5 km of IPN Forest Lake, 7 High Street, Forest Lake, QLD 4078 Distance Richlands Station 3.9 kmPOWERED BY HERE © Bus stops within 5 km of IPN Forest Lake, 7 High Street, Forest Lake, QLD 4078 Distance Forest Lake Shops 210 m Forest Lake BVD at Forest Lake Shops 292 m Grand Ave East Near Ascot Ave 361 m Forest Lake BVD at Kensington Way 492 m Grand Ave at Grand Avenue Cascade 539 mPOWERED BY HERE ©
IPN Forest Lake
• Strategically located on a 6,194 sqm corner site in an established suburban area and key growth corridor
• Diversified income stream with a complementary tenancy mix, underpinned by reputable medical operator IPN Medical Centres (Sonic Healthcare)
• First generation lease term with options
• Total Net Lettable Area of 1,885 sqm*
• Passing Net Income of $676,000 pa* (as at 1 May 2022)
• Abundant car parking with 68 at-grade open car spaces.
• Unique and high performing swim school offering, heavy tenant investment with high barriers to entry
The asset is For Sale via Expressions of Interest closing Thursday 2 June 2022 at 2pm (AEDT/AEST).
IPN Forest Lake 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
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Property ID: 504057311Last Updated: 29 Jun 2022