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89 Tingal Road,
Wynnum 4178, Queensland
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Property details
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Agents
10-Year WALE | Medical Investment Portfolio | Queensland X-Ray
RWC Medical is pleased to present a rare opportunity to acquire a high-quality Brisbane healthcare investment portfolio, comprising two securely leased, freehold medical assets underpinned by long-dated income, fixed rental growth and significant tenant capital investment.
The portfolio offers exposure to two of the most resilient segments of the healthcare property market-primary care and diagnostic imaging-each secured by experienced operators with strong balance sheets and non-discretionary demand drivers.
Property 1: QLD X-Ray Wynnum
89 Tingal Road, Wynnum QLD
• Wynnum city centre location
• 100% freehold title
• 1,204 sqm site area
• 933 sqm net lettable area
• Tenant: Queensland X-Ray (Sonic Healthcare)
• 10-year WALE
• Options to 2056
• 3.5% fixed annual rent reviews
• Net lease structure
• Circa $6.0m tenant fit-out
• Major Centre zoning
• Development upside (STCA)
Property 2: The Retail at Mon Komo
99 Marine Parade, Redcliffe QLD
• Award-winning Mon Komo mixed-use development
• 100% freehold volumetric title
• Approx. 1,010 sqm medical accommodation
• Tenant: Evercare
• Options to 2056
• WALE: 10 years
• 3.0% fixed annual rent reviews
• All outgoings recoverable
• Tenant-funded medical fit-out
• Moreton Bay Region location
Portfolio Investment Rationale
• 2 healthcare assets across Brisbane metropolitan and Bayside markets
• Combined net income: ~$1,075,000 pa
• WALE: ~10 years
• Total lettable area: 1,943 sqm
• 100% net leased portfolio
• Fixed rental growth: 3.0%-3.5% pa
• Lease expiry profile extending to 2056
• Circa $7.0m+ in tenant-funded fit-outs
• Institutional-grade tenant exposure (ASX-listed Sonic Healthcare)
• Major Centre zoning exposure (Wynnum asset)
• Defensive healthcare use classes (primary care + diagnostic imaging)
• Future upside in Portfolio
Available for purchase either individually or as a combined portfolio.
For further information or to make an enquiry, please contact the exclusive sales agents at RWC Medical:
• Nicolas Milner - 0416 433 217
• Franz Stapelberg - 0430 655 676
The portfolio offers exposure to two of the most resilient segments of the healthcare property market-primary care and diagnostic imaging-each secured by experienced operators with strong balance sheets and non-discretionary demand drivers.
Property 1: QLD X-Ray Wynnum
89 Tingal Road, Wynnum QLD
• Wynnum city centre location
• 100% freehold title
• 1,204 sqm site area
• 933 sqm net lettable area
• Tenant: Queensland X-Ray (Sonic Healthcare)
• 10-year WALE
• Options to 2056
• 3.5% fixed annual rent reviews
• Net lease structure
• Circa $6.0m tenant fit-out
• Major Centre zoning
• Development upside (STCA)
Property 2: The Retail at Mon Komo
99 Marine Parade, Redcliffe QLD
• Award-winning Mon Komo mixed-use development
• 100% freehold volumetric title
• Approx. 1,010 sqm medical accommodation
• Tenant: Evercare
• Options to 2056
• WALE: 10 years
• 3.0% fixed annual rent reviews
• All outgoings recoverable
• Tenant-funded medical fit-out
• Moreton Bay Region location
Portfolio Investment Rationale
• 2 healthcare assets across Brisbane metropolitan and Bayside markets
• Combined net income: ~$1,075,000 pa
• WALE: ~10 years
• Total lettable area: 1,943 sqm
• 100% net leased portfolio
• Fixed rental growth: 3.0%-3.5% pa
• Lease expiry profile extending to 2056
• Circa $7.0m+ in tenant-funded fit-outs
• Institutional-grade tenant exposure (ASX-listed Sonic Healthcare)
• Major Centre zoning exposure (Wynnum asset)
• Defensive healthcare use classes (primary care + diagnostic imaging)
• Future upside in Portfolio
Available for purchase either individually or as a combined portfolio.
For further information or to make an enquiry, please contact the exclusive sales agents at RWC Medical:
• Nicolas Milner - 0416 433 217
• Franz Stapelberg - 0430 655 676
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Contact Franz Stapelberg
Contact Franz Stapelberg
Franz Stapelberg
89 Tingal Road, Wynnum QLD 4178
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Franz Stapelberg
89 Tingal Road, Wynnum QLD 4178