Medical Investment Opposite Hospital | ASX-Listed Tenant On-Site 30+ Years
Description
CBRE from CBRE in Conjunction with Argus Commercial is pleased to offer to the market QML Pathology located at 7 Roderick Street, Ipswich QLD 4305 for sale via Investment Portfolio Auction 179.
This opportunity has the following key investment highlights:
+ Renewed seven (7) year net lease to June 2029 plus one (1) further five (5) year option to 2034
+ QML Pathology: leading private pathology provider with a network of 600+ collection centers supported by 2,000+ specialised staff, backed by ASX-listed Healius Limited
+ Healius Ltd (ASX: HLS): market cap of $1.25 billion, one of Australia’s largest diagnostic and healthcare providers, servicing more than 15 million patients annually
+ Set-and-forget net lease structure – the tenant is responsible for 100% of outgoings including land tax and management fees
+ QML Pathology trading on-site for 30+ years with recent tenant funded $150,000 in capital expenditure, underpinning their investment into this location
+ Rare, alternating CPI reviews and 3.50% annual rent increases
+ Modern QML laboratory, complete with a significant medical fit-out
+ Positioned within a tightly held medical precinct with strong underlying land value
+ Situated directly opposite St Andrew’s Ipswich Private Hospital and within 500m* of the Ipswich Bay Hospital and the Ipswich Public Hospital
+ Ipswich Public Hospital: a major 351 bed facility, currently undergoing a $710 million government-funded upgrade, adding an additional 200 beds
+ Ipswich: 8th fastest growing metropolitan location in Australia with forecast population growth of 167% to 670,000+ by 2046
+ Net Income: $167,821 pa* + GST
For Sale via Investment Portfolio Auction 179
10.30am AEST Thursday 18 September 2025
Elevate Room, The Westin, Brisbane
Please contact the exclusively appointed sales team for more information.
*Approx.
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Contact agents
Michael Hooper Negotiator
0488 332 682
Neville Smith Senior Director
0400 068 205
Matt Smith Junior Sales Associate
0400 366 096Enquiry Form
Ipswich, QLD
7 Roderick Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 179
Contact agents
-
Michael Hooper Negotiator
0488 332 682 -
Neville Smith Senior Director
0400 068 205 -
Matt Smith Junior Sales Associate
0400 366 096