![]() Asset Class: | Medical |
![]() Price: | $ 15200000 |
![]() Net Yield: | 6.00 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Off Market |
<p style=""><span style="color:rgb(0, 0, 0);">This exceptional commercial property presents a unique opportunity to acquire the Bribie Island Health Hub—a brand-new, state-of-the-art medical centre strategically positioned within the primary commercial precinct serving 37,504 residents. It is also located within 4 km of 11 retirement villages and over-50s communities, making it a key asset in one of Australia’s most dynamic healthcare markets.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Healthcare is the largest sector of the Australian economy, accounting for 10.5% of GDP and employing approximately 13% of the workforce. This property offers strong lease security, attractive depreciation benefits, and is backed by national operators.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">The Bribie Island Health Hub spans a valuable 3,681 square metre District Centre-zoned landholding, featuring 38 dedicated car parks. It is anchored by new 12- and 7-year net leases to Bribie Island Medical Pty Ltd and Lumus Imaging, the latter being part of ASX-listed Healius, one of Australia’s leading healthcare providers.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">This investment generates a net income of $913,360 per annum, with annual rent increases aligned with greater of CPI or 3%. Its prime location and secure tenancy ensure steady cash flow and significant potential for future growth, making it an outstanding investment opportunity.</span></p>
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<p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">Situated 46 km* north of Brisbane’s CBD, Bribie Island is a picturesque coastal destination that attracts 827,000 visitors annually, making it the most visited area in Moreton Bay. This serene location is a haven for retirees, with 11 retirement villages on the island, creating an unmatched demographic and a concentrated market for healthcare providers.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);font-weight:normal;">A significant 57% of Bribie Island's population comprises seniors, and this demographic is expected to grow over 40% to exceed 690,000 by 2041. Additionally, half the population lives with a long-term health condition, highlighting the strong demand for healthcare services. As part of Australia's third-largest local government area and the fifth fastest-growing, Bribie Island also boasts the country's highest percentage of "very high GP attenders." The local economy is predicted to double to $40 billion by 2040, reinforcing the area's position as a vital healthcare market.</span></p>
Additional Location Information File<p style=""><span style="color:rgb(0, 0, 0);">Bribie Island: </span><a style="color:rgb(5, 99, 193);display:inline;" target="_blank" href="https://www.bribieislandmedical.com.au/"><u>https://www.bribieislandmedical.com.au</u></a></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Bribie Island Medical are highly experienced operators with established medical practices in Caboolture, North Lakes and Mackay.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Their ultra-modern practices are committed to providing comprehensive care to all individuals and families with minimal waiting time.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">A mission to provide the highest standard of patient care whilst incorporating a holistic approach toward diagnosis and management of illness has delivered a loyal patient base and provided a strong platform for growth.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Bribie Island Medical’s expertise in site selection has resulted in a close focus on the Moreton Bay region. Residents of Moreton Bay North in particular have high demand for health services, with 4.8 per cent of Moreton Bay North residents considered high GP attenders.</span></p><p style=""><span style="color:rgb(0, 0, 0);">Their latest medical centre in Bongaree is set to continue their track record and deliver much needed first-class healthcare services and care to the local population.</span></p><p style=""><span style="color:rgb(214, 201, 173);"><b> </b></span></p><p style=""><span style="color:rgb(0, 0, 0);">Lumus Imaging: </span><a style="color:rgb(5, 99, 193);display:inline;" target="_blank" href="https://www.lumusimaging.com.au/"><u>https://www.lumusimaging.com.au</u></a></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Lumus Imaging is part of ASX Listed Healius, one of Australia’s leading healthcare companies, with a network of 150 diagnostic imaging sites nationwide and is one of the largest Imaging providers in the country.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">It conducts more than three million radiography examinations each year. Its network includes stand- alone community imaging centres, and imaging facilities located within private and public hospitals and in medical centres.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p><p style=""><span style="color:rgb(0, 0, 0);">Lumus Imaging has a highly trained team of over 160 radiologists, together with radiographers, sonographers, nuclear medicine technologists, nurses, centre support and corporate teams dedicated to providing high- quality imaging services to the community and caring for their health and wellbeing at every stage of life.</span></p><p style=""><span style="color:rgb(214, 201, 173);"><b> </b></span></p>
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4 Fortune Avenue Bongaree - 1,743 sqm - $524/sqm North Lakes – Moreton Health Hub – 1,153 sqm - $500/sqm
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Bribie Island Health Hub</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Brand-new, state-of-the-art medical centre</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Strategically located within the primary commercial precinct serving 37,504 residents.</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Positioned within 4 km of 11 retirement villages and over-50s communities.</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Spans 3,681 square metres of District Centre-zoned land.</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Building Area 1,743 square metres</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Features 38 dedicated car parks</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Secured by new 12- and 7-year net leases.</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">National operators</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenants:</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Bribie Island Medical Pty Ltd.</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Lumus Imaging, part of ASX-listed Healius, one of Australia’s leading healthcare companies.</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Financials:</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net income - $913,360 per annum.</span></p></li><li style="list-style-image:none;margin-inline-start:18pt;color:rgba(51, 51, 51, 1);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Annual rental increases – Greater of CPI or 3%.</span></p></li></ul>