For Sale

28-30 Bolsover Street,
Rockhampton City 4700, Queensland

2,196m² land size
597m² building size
Retail

Price on Application


Property details

Blue-Chip Medical Investment | Head Office Lease to ASX-Listed Tenant

FOR IMMEDIATE SALE: Central CBD Essential Health Facility

Purpose built single-story medical facility with a total NLA of 597sqm. Premium medical investment asset situated in the absolute heart of the Rockhampton CBD corridor. Underwritten by a secure head office lease to ASX-listed giant Healius Group (operating as QML Pathology), this highly specialized processing laboratory offers a defensive, long-term income stream backed by major tenant-funded capital works.

Key Investment Highlights
• Tenant Covenant: 100% tenanted by QML Pathology, part of the ASX-listed Healius Group network.
• Lease Profile: Secure lease term active to August 2027 with an additional 5-year option.
• Asset Class: Specialized high-throughput processing laboratory, serving as the central hub for QML's extensive regional testing network.
• Capital Improvements: Recently completed, extensive internal refurbishment executed entirely at the tenant's expense, locking in long-term operational commitment to the site.
• Risk Profile: Secure, non-discretionary essential health asset completely insulated from standard retail and commercial economic cycles.

Location & Amenity Catchment
• Rockhampton CBD: Central core positioning with direct access to local administrative, judicial, and retail infrastructure.
• Regional Hub: Positioned to service QML's dominant regional network of 24 laboratories and over 635 collection centers across QLD and Northern NSW.
• Transport Connectivity: Immediate arterial access to the Bruce Highway, ensuring seamless logistics for regional medical intake.
• Prominent position in the heart of the Rockhampton CBD surrounded by over 12,500 workers
• Less than 600 meters from Rockhampton City Centre Plaza Shopping Centre, anchored by Coles, Target and Terry White Chemists - 30 + specialty retailers

The Opportunity
A blue-chip, set-and-forget commercial investment tailored for sophisticated private wealth and SMSF buyers seeking premium income security. Backed by a high-cap corporate covenant and zero near-term capital expenditure requirements due to the tenant's recent fit-out deployment, this asset represents a highly defensible addition to any commercial portfolio.

For formal copies of the lease agreement, outgoings schedule, and full Information Memorandum, please contact Isaac Thorpe or Sid Arora directly.

*All financial yields and lease details remain subject to final verification within the formal due diligence period.
*Approximate measurements, boundaries, distances and information provided.

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