Tenanted Medical Investment, blue-chip global covenant

Lots 7 & 8, 956 Gympie Road, Chermside, Queensland 4032

Healthcare and Retirement Living For Sale

Expressions of Interest. EOI Date 30 May 2018
Floor Area: 1,145.00 m2.    

Icon Cancer Care


Colliers International are pleased to exclusively offer for sale Lots 7 & 8, 956 Gympie Road, Chermside, which are located within the Chermside Medical Centre in Brisbane’s inner northern suburbs. This property is one part of the Icon Portfolio, comprising two purpose-built medical assets leased to Icon Cancer Care, Australasia’s fastest growing cancer care provider backed by QIC, Goldman Sachs and Pagoda Investments.

The details on this asset are as follows:
• Current net income: $880,485 p.a ex GST;
• 1,145sqm net area plus 12sqm of storage;
• 62 carparks;
• Leased until May 2023 plus a 5-year option;
• Modern purpose-built medical facility completed in 2008;
• Conveniently located adjacent to Westfield Chermside, Queensland’s largest shopping mall and the second largest in Australia;
• Positioned within a dedicated medical development and surrounded by other medical users in the precinct;
• Details on the other asset in the portfolio can be seen here at http://www.colliers.com.au/207107

This property is available for purchase individually or as part of a portfolio.

For further details please contact the exclusive marketing agents at Colliers International.


  • Net Income: $880,485 p.a ex GST
  • Leased until May 2023 + 5 year option
  • Purpose-built medical facility

Transaction Details

16 Jan 2019
Lots 7 & 8, 956 Gympie Road, CHERMSIDE QLD 4032, AUSTRALIA


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