 Asset Class: | Medical |
 Price: | $ 33333 |
 Net Yield: | 3.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<p>Presenting the Karalee Medical Centre, a premium standalone healthcare investment opportunity located in the rapidly growing Chuwar suburb, just 23km southwest of Brisbane CBD. Constructed in 2019, this modern 997sqm facility sits on an expansive 3,485sqm freehold site and offers a compelling investment with a secure 4.8 year WALE by income.</p> <p>This exceptional medical complex features 41 dedicated on-site car spaces and enjoys the significant advantage of being seamlessly integrated with the recently developed million-dollar Karalee Shopping Centre. This prominent retail hub is anchored by both Woolworths and Coles supermarkets, supported by 38 specialty tenants and provides access to an additional 341 car parking spaces.</p> <p>The investment presents strong income security with 78.5% of revenue underpinned by Health Matters, an established medical group operating two centres across Ipswich. The tenancy is further strengthened by long-term leases to complementary allied health providers including Target Physiotherapy and F45 Fitness, each with 5-year options. All tenants operate under secure, net lease structures where they are responsible for all outgoings including land tax.</p> <p>The property generates an impressive Net Operating Income of $463,700 pa* + GST, with built-in growth secured through CPI and fixed 3% & 3.5% annual rent reviews. As the only large medical centre (housing 15 GPs and 7 nurses) within a 6km radius, the Karalee Medical Centre enjoys a dominant position in this high-growth catchment.</p> <p>Located in Ipswich, Australia's 6th fastest growing metropolitan location with forecast population growth of 122% to 520,000+ by 2041, this investment offers exceptional long-term growth potential. The property benefits from outstanding connectivity to Brisbane (just 30 minutes away) and sits within a region experiencing significant infrastructure development, with $13 billion in projects either completed or currently underway.</p> <p>This modern healthcare facility offers substantial tax depreciation benefits and represents an outstanding opportunity to secure a premium medical investment in one of Queensland's most rapidly developing regions.</p>
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<p>The Karalee Medical Centre enjoys a strategic position in Chuwar, a suburb within the rapidly expanding City of Ipswich region. Located just 23km southwest of Brisbane CBD, the property benefits from excellent connectivity via the Warrego Highway and recently upgraded Ipswich Motorway.</p> <p>The City of Ipswich represents one of Australia's most dynamic growth corridors, currently ranked as the 6th fastest growing metropolitan location in the country. With population forecasts projecting a remarkable 122% growth to reach 520,000+ residents by 2041, the region is experiencing unprecedented development and investment.</p> <p>This exceptional growth is supported by <strong>$13 billion</strong> in infrastructure projects either completed or currently underway, including the Logan and Gold Coast Faster Rail ($2.6B), Ipswich Motorway upgrades ($400M), Citiswich Business Park ($1B), and significant health and transport improvements.</p> <p>The property sits in a prime position adjacent to the recently redeveloped Karalee Shopping Centre, anchored by both Woolworths and Coles supermarkets along with 38 specialty retailers. This retail precinct serves as a major community hub, providing essential amenities and generating significant foot traffic that benefits the medical centre.</p> <p>With its proximity to Brisbane, excellent transport infrastructure, and position within Queensland's fastest growing region, the Karalee/Chuwar location presents outstanding long-term investment fundamentals.</p>
Additional Location Information File<p>The Karalee Medical Centre features a complementary mix of healthcare providers anchored by the established Health Matters medical group:</p> <ul><li><strong>Health Matters:</strong> Occupying three tenancies, this privately run medical group operates two established centres across the Ipswich region. Their facilities feature state-of-the-art fitouts and the latest medical equipment. With 30 established doctors and 10 dedicated nurses, Health Matters delivers comprehensive medical services from general checkups to complex procedures. They specialize in diverse medical fields including skin cancer management, mental health, chronic disease management, travel medicine, allied health services, cosmetic treatments, and family healthcare.</li><li><strong>Target Physiotherapy:</strong> Founded in 2002 by Fiona Pringle, this privately owned physiotherapy clinic has expanded to three centres across the Brisbane West & Ipswich region. Their experienced team of physiotherapists and exercise physiologists provides tailored care including physiotherapy, exercise physiology, NDIS services, home visits, hydrotherapy, and support for Medicare EPC, DVA and workplace insurance claims.</li><li><strong>F45 Fitness:</strong> Established in Australia in 2013, F45 has grown to become one of the world's fastest-expanding fitness franchise networks with over 3,300 studios across 67 countries. Their innovative training program offers time-efficient, results-based, community-oriented workouts adaptable to evolving fitness trends.</li></ul> <p>All tenants operate under secure, long-term lease arrangements with Health Matters committed to ten and seven-year terms with extension options to 2034, Target Physiotherapy secured for five years with options to 2031, and F45 on a six-year lease with options to 2032.</p>
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<p>The Karalee Medical Centre delivers a robust financial profile underpinned by secure long-term leases to established healthcare providers:</p> <ul><li><strong>Net Operating Income:</strong> $463,700 pa* + GST</li><li><strong>Total Base Rent:</strong> $465,596 pa</li><li><strong>Total Gross Rent:</strong> $547,217 pa* + GST (including recoverable outgoings)</li><li><strong>Weighted Average Lease Expiry:</strong> 4.8 years by income</li><li><strong>Income Security:</strong> 78.5% of revenue underpinned by Health Matters with options extending to 2034</li><li><strong>Rental Growth:</strong> Secured through a combination of CPI and fixed annual increases of 3% (F45) and 3.5% (Health Matters)</li><li><strong>Lease Structure:</strong> Triple-net arrangements with tenants responsible for all outgoings including land tax, insurance and management fees</li><li><strong>Bank Guarantees:</strong> Six months rent plus outgoings for Health Matters and Target Physio; three months for F45</li></ul> <p>The property benefits from a diversified tenant mix while maintaining strong healthcare focus, with Health Matters contributing $366,199 pa, Target Physiotherapy $31,921 pa, and F45 Fitness $67,476 pa to the total income.</p> <p>This financial structure provides investors with stable, growing returns from a defensive healthcare asset positioned in one of Australia's fastest developing regions.</p>
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<ul><li>Modern purpose-built medical centre constructed in 2019, offering contemporary healthcare infrastructure with significant tax depreciation benefits</li><li>Secure income profile with a weighted average lease expiry of 4.8 years and 78.5% of income underpinned by Health Matters</li><li>Strategic healthcare investment in one of Australia's fastest growing regions with Ipswich forecast to experience 122% population growth by 2041</li><li>Dominant medical facility being the only large medical centre (10+ GPs) within a 6km radius, housing 15 GPs and 7 nurses</li><li>Premium tenant mix including Health Matters, Target Physiotherapy and F45 Fitness, all secured with long-term leases and options</li><li>Strong annual rental growth guaranteed through CPI and fixed 3% & 3.5% annual rent reviews</li><li>Excellent exposure and integration with the recently redeveloped Karalee Village Shopping Centre anchored by both Woolworths and Coles</li><li>Impressive 3,485sqm freehold site with 41 on-site car spaces plus access to 341 additional spaces at the adjoining shopping centre</li><li>Prime position opposite McDonald's and near other national tenants including KFC, Ampol and Shell</li><li>Secure triple-net lease structure with tenants responsible for all outgoings including land tax</li><li>Located just 23km from Brisbane CBD with excellent accessibility via the recently upgraded Ipswich Motorway</li><li>Positioned to benefit from $13 billion in infrastructure projects completed or planned for the Ipswich region</li></ul>
