A newly built medical centre in the heart of North Lakes is up for auction. 

Located at 26 Torres Crescent, Moreton Health Hub is a fully-leased healthcare centre that was completed in 2022.

The property is being marketed by RWC Retail agents Michael Feltoe and Lachlan O'Keeffe alongside RWC TradeCoast agent Franz Stapelberg.

“Brand new purpose built medical centres are rarely offered for market,” Mr Feltoe said. 

“These investments have proven to be highly resilient and defensive investments in recent years and, combined with being a new and modern build, this will tick almost every box for passive investors.”

Situated 27km north of the Brisbane CBD, Moreton Health Hub services a North Lakes catchment of more than 23,000 residents,  one of the fastest growing regions in Australia. 

It’s located in a newly developed business park and is among some of Australia’s largest national retailers including McDonald’s, Costco, Bunnings and Total Tools.

The centre is leased to primary and secondary healthcare providers United Medical Centres and RAR Therapy, providing eight full-time GP’s, along with a dedicated team of child and adult therapy specialists. The centre also benefits from a sublease to 4Cyte Pathology, and a new subleased pharmacy set to open in late 2023.

“The centre has a complementary tenancy mix with UMC owned by one of Australia’s largest private GP owners, and a national therapy operator with 17 locations,” Mr Stapelberg said.

“These tenants combined with the pathology are capable of generating significant internal referrals, which will only increase further with a new pharmacy later this year.” 

Moreton Health Hub is for sale via auction on Friday, 28 July 2023, at 9:45am at Level 26, 111 Eagle Street Brisbane City.

To request a copy of the Information Memorandum please contact one of the RWC marketing agents via the contact details below. 

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