Noosaville Medical & Professional Centre | 90 Goodchap Street, Noosaville QLD

JLL is proud to exclusively present for sale, Noosaville Medical & Professional Centre. A modern multi-tenanted healthcare asset underpinned by leading medical providers and in close proximity to the Noosa Hospital.

Noosaville Medical & Professional Centre offers the following investment highlights:

• Large land holding of 1.68ha within prime location, notably the only healthcare zoned site within the Noosa area, creating significant barriers of entry for competition.
• Diversified non-cyclical income underpinned by Genesis Care (14.9% of Passing Income), Noosa Radiology (9.6% of Passing income) and Noosaville Clinic (4.3% of Passing income).
• Net effective income profile with no outstanding incentives and a fully leased net income of $3,162,302 per annum plus GST.*
• Value-add through active management to capture rental growth from the strong healthcare demand.
• Rare development opportunity over the surplus land component within a tightly held location.
• Strongly performing healthcare real estate asset class that is underwritten by strong fundamentals including the growing and aging population, increasing healthcare expenditure, privatisation of health services and strong government support.
• New major tenant with significant base building investment offering cross referral opportunities aiding the profile and attractiveness of the current healthcare eco system.

Noosaville Medical & Professional Centre, 90 Goodchap Street, Noosaville is for sale via an Expression of Interest closing Thursday, 4 May 2023 at 2pm (AEST)

*Approximate as at 1 July 2023