Longstanding Medical Investment in Blue Chip Location


+ Purpose built medical centre investment established in 1967 – leased to Ascot Medical Centre and QML Pathology
+ Ascot Medical Centre: independently owned and operated medical centre providing first class, quality care since 1967
+ Healius Ltd (QML Pathology): ASX listed giant, market cap circa 2.43 billion, employing over 11,000 staff with 2,250 locations throughout Australia
+ Anchored by a secure 7-year lease to Ascot Medical Centre to 2027
+ Supported by a renewed 5-year lease to Healius Ltd (QML Pathology) to 2027
+ High exposure 756sqm site located along key thoroughfare Racecourse Road and only 6km* to the Brisbane CBD
+ Prominent DC1 District Centre zoned site with 15.1m* of direct frontage to busy Racecourse Road
+ Surrounded by the affluent suburbs of Ascot and Hamilton, nearby to Hamilton Portside, Coles, IGA, Dan Murphy’s, BWS and 7-Eleven and with direct connectivity to the recently upgraded Kingsford Smith Drive
+ The 2032 Brisbane Olympics Athlete Village is located within 2km* from the Ascot Medical Centre
+ Premium Brisbane location – median house prices in Ascot have increased 37.1% over the past 12 months to $1,940,000
+ Estimated Net Income: $174,932 pa* plus GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
Hilton Hotel, Brisbane

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Contact agents
Andrew Havig Partner
0478 010 990
Craig Chapman Sales Executive
0427 110 132
Enquiry Form

Ascot, QLD

79 Racecourse Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 153

Contact agents