16-20 Bayswater Road,
Hyde Park, QLD 4812

Burgess Rawson from CBRE is pleased to offer to the market 16-20 Bayswater Road, Hyde Park QLD for sale via our Investment Portfolio Auction 180.

The opportunity has the following investment highlights:

+ Brand new ten (10) year head lease to Hyde Park Medical Centre to June 2035 plus two (2) further (5) year options to 2045
+ Additional supporting sub-leases to Sullivan Nicolaides Pathology & North Queensland X-Ray Services
+ Favourable fixed 3% annual rent increases, ensuring consistent rental growth
+ Well-maintained 728sqm* single-story medical facility with 38 dedicated on-site parking spaces
+ Prominently positioned on a 2,427sqm* landholding in tightly held medical corridor located within immediate proximity to supporting medical facilities and health care providers including Mater Private Hospital
+ Directly adjoining St Margaret Mary's College - Townsville's largest secondary school for girls with 700+ enrolled students*
+ Extensively refurbished in 2019 providing strong depreciation benefits
+ Rare refurbishment clause written into lease ensuring ongoing tenant funded upgrades & long-term tenant commitment to the site
+ Hyde Park Medical Centre: Reputable privately owned practice providing Townsville with high-quality medical & health services including general medicine, radiology & pathology
+ Strategically located with 71,132 residents* within a 5 km radius, ensuring strong trade of the tenant
+ Perfectly situated within 2km* of the Townsville CBD and 1km* to Castletown Shopping Centre anchored by Woolworths, Coles, Big W & 195 specialty retailers
+ Townsville: largest city in Northern Australia, with population forecast to grow 52% to 306,053 residents by 2046^ with $27 billion in infrastructure projects underway
+ Net Income: $431,594 pa* + GST

For Sale via Investment Portfolio Auction 180
10.30am AEST Thursday 23 October 2025
Elevate Room, The Westin, Brisbane

Please contact the exclusively appointed sales team for more information.

*Approx.