Brisbane Street Medical Centre, 10 Brisbane Street, Ipswich, Qld 4305

Medical/Consulting
|Retail
For Sale by Expressions of Interest
For Sale by Expressions of Interest
Published on: 17 Oct 2023
Last updated on: 04 Mar 2025
Brisbane Street Medical Centre, 10 Brisbane Street, Ipswich, Qld 4305
Brisbane Street Medical Centre, 10 Brisbane Street, Ipswich, Qld 4305
Brisbane Street Medical Centre, 10 Brisbane Street, Ipswich, Qld 4305
+6
Brisbane Street Medical Centre, 10 Brisbane Street, Ipswich, Qld 4305
  • 6
Property ID: 504443196
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Key property information

Land Size
1,226.00 m2
Floor Area
2,882.00 m2
Tenure Type
tenanted

FOR SALE – PRIME MODERN MEDICAL & ALLIED HEALTH INVESTMENT, IPSWICH QLD

Brisbane Street Medical Centre, 10 Brisbane Street, Ipswich, Qld 4305
Brisbane Street Medical Centre features seven (7) tenancies including a dynamic mix of medical and allied health tenants including Ramsay Health Care (Ramsay Psychology), Chempro Chemists, the Australian Government-owned Open Arms Veterans Counselling Service and Limestone Medical Centre, one of Australia’s longest standing medical practices featuring some 14 doctors.  The property appreciates excellent pedestrian and vehicle access and exposure by virtue of its high profile corner location and major frontage.

Key highlights include:

- Modern Medical Investment - Comprising a purpose-built two level medical and allied-health complex (2,882sqm* building area) including onsite parking for 27 vehicles with a central passenger lift servicing all levels.

- Dynamic Mix of Medical & Allied Health Tenants - Featuring seven tenancies including Ramsay Health Care (Ramsay Psychology), Chempro Chemists, the Australian Government-owned Open Arms Veterans Counselling Service and Limestone Medical Centre - one of Australia’s longest standing medical practices featuring some 14 doctors.

- High Exposure Location - Occupying a high exposure, easily accessible corner position at the traffic light-controlled intersection of Brisbane Street and Thorn Street in the Ipswich CBD.

- Strong Population Growth Area - Ipswich is the fourth largest city (LGA) in Queensland and the fastest growing with a current population of over 251,100* residents, forecast to reach over 529,000* residents by 2046, reflecting a forecast annual growth rate of 3.3%.

- Valuable Depreciation Benefits - Constructed in two stages (circa 2014/2015), Brisbane Street Medical Centre provides valuable tax benefits via substantial building depreciation.

- Income Security & Rental Growth - The Centre has an attractive rental growth structure with all tenancies featuring annual rental increases from 3% to CPI.

- Net Income: $661,306p.a.* (fully leased)


*Approx. | Source: Queensland Government Statistician’s Office

For Sale by Expressions of Interest closing 3pm (QLD time) Wednesday, 2 April 2025.

Property Details

Basic Info

Property Type
Medical/ConsultingRetail
Listing Status
On Market
Land Size
1,226.00 m2
Address
Brisbane Street Medical Centre, 10 Brisbane Street, Ipswich, Qld 4305
Joe Maloney
Joe Maloney
Level 33, Riverside Centre, 123 Eagle Street, Brisbane City, Qld 4000
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Joe Maloney
Joe Maloney
Level 33, Riverside Centre, 123 Eagle Street, Brisbane City, Qld 4000
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      Property ID: 504443196

      Original Property ID: 504443196
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