<p>Karalee is located in the City of Ipswich, just 23km southwest of Brisbane CBD. This strategic location offers outstanding connectivity to Queensland's capital while benefiting from the exceptional growth trajectory of the Ipswich region.</p> <p>The City of Ipswich is forecasted as Queensland's fastest growing region with population projected to increase by an impressive 122% to 520,000+ residents by 2041 - more than double the growth rate of any other Queensland location. This population boom is underpinned by significant infrastructure investment, with $13 billion in projects already completed or currently in the pipeline.</p> <p>The Karalee Medical Centre is seamlessly integrated with the recently redeveloped Karalee Village Shopping Centre, a major neighbourhood shopping destination anchored by both Woolworths and Coles supermarkets. The property also benefits from proximity to major national tenants including McDonald's, KFC, Ampol and Shell.</p> <p>With just 30 minutes drive time to Brisbane CBD and significant infrastructure projects including the $2.6 billion Logan and Gold Coast Faster Rail and the completed $400 million Ipswich Motorway upgrade, Karalee offers both convenience and growth potential that makes it an ideal location for this premium healthcare investment.</p>

<p><strong>Health Matters</strong> is the anchor tenant, occupying three separate tenancies and contributing 78.5% of the property's income. This established healthcare operator has two medical centres across the Ipswich region and has secured long-term occupancy with:</p> <ul> <li>Tenancy 1: Ten-year lease with one 5-year option to 2034</li> <li>Tenancy 2: Seven-year lease with options to 2029</li> <li>Tenancy 3: Seven-year lease with options to 2029</li> </ul> <p>Health Matters runs a comprehensive medical practice with 30 established doctors and 10 dedicated nurses offering services from general check-ups to complex medical procedures, including skin cancer management, mental health, chronic disease management, and women's, men's and children's health.</p> <p><strong>Target Physiotherapy</strong> occupies the fourth tenancy with a five-year lease plus one 5-year option to 2031. Founded in 2002, this privately owned physiotherapy clinic has expanded to three centres in the Brisbane West & Ipswich region, specializing in physiotherapy, exercise physiology, NDIS services, and more.</p> <p><strong>F45</strong> rounds out the tenant mix with a six-year lease plus one 5-year option to 2032. Established in Australia in 2013, F45 has grown to over 3,300 studios in 67 countries and provides innovative, accessible training programs.</p>

<p>The Karalee Medical Centre delivers a strong financial performance with a <strong>net operating income of $463,700 pa* + GST</strong> from a total base rent of $465,596 pa.</p> <p>The property features five separate tenancies with the following rental contributions:</p> <ul> <li>Health Matters (3 tenancies): $366,199 pa</li> <li>Target Physio: $31,921 pa</li> <li>F45 Fitness: $67,476 pa</li> </ul> <p>All tenancies operate under secure, <strong>net lease structures</strong> where tenants are responsible for all outgoings including land tax, insurance and management fees. This creates a true 'set-and-forget' investment with minimal management requirements.</p> <p>The asset offers built-in rental growth through a combination of <strong>fixed 3% and 3.5% annual rent increases</strong> across different tenancies, with market reviews at the commencement of each further term.</p> <p>With a <strong>4.8 year WALE by income</strong> and strong lease covenants including bank guarantees equivalent to six months rent plus outgoings for most tenancies, this investment provides exceptional income security and growth potential.</p>

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