• Secured long-term lease to a leading national provider

• Government-supported and highly regulated healthcare asset

• Highly competitive auction acquisition with a 4.65% entry yield

• Substantial 1,489 sqm landholding with future development potential

Our client successfully acquired a premium freestanding medical investment positioned directly opposite a major regional shopping centre within a tightly held healthcare precinct. The property is securely leased to a nationally recognized diagnostic imaging provider backed by institutional private equity ownership, offering an exceptionally strong and defensive tenant covenant. Due to the highly specialized infrastructure and significant fit-out costs inherent to the facility, tenant relocation barriers are remarkably high, ensuring long-term tenancy stability.

Secured at public auction for $6,540,000, the property generates a commencing net income of $341,190 per annum plus GST, reflecting a 4.65% entry yield. To validate the asset’s exceptional performance, independent operational assessments confirmed that this location ranks as one of the highest appointment-volume sites within the operator’s national network. Beyond the immediate, secure healthcare income, the underlying landholding benefits from immense future capital growth, designated for significant mixed-use and healthcare intensification under upcoming infrastructure structural plans.