Quanta Chermside Medical Trust

RELEASED

NOVEMBER 2025

PROPERTY VALUATION

14.5M

SINGLE ASSET

CLOSED ENDED

DISTRIBUTION P.A. (CENTS PER UNIT)

9.00C YEAR 1

LETTABLE AREA

1,145 SQM

Presenting 956 Gympie Road, Chermside (Brisbane) QLD. This exceptional off-market opportunity combines attractive distributions with a secure blue chip tenant covenant.

We forecast distributions commencing at 9.00% net p.a. Year 1, paid monthly.

The facility is fully leased to Blue Chip tenant Icon Cancer Care, Australia’s largest dedicated cancer care provider with a 4.40 Year WALE (Weighted Average Lease Expiry) by Income.

The asset offers a total lettable area of approximately 1,145 sqm, complemented by 61 car bays. The specialised nature of this oncology facility positions it as an attractive opportunity in the sought-after healthcare real estate market.

We are pleased to advise that applications for this trust are now closed, with the offer fully subscribed.

Investment Resources

Information Memorandum

Quanta Chermside Medical Trust - Information Memorandum

Quantacast Episode 14

Why Invest?

Quanta - Iconography -_Building Exposure copy

Medical Investment

It is fully leased to Icon Cancer Care, Australia’s largest dedicated cancer care provider, on a seven-year net lease through to May 2030, with a five-year renewal option. Icon has been in continuous occupation since the building’s completion in 2008, demonstrating a strong commitment to the location.

Defensive Income

The investment is underpinned by a defensive income stream, with a long WALE of 4.28 years by income, and a blue-chip tenant The investment is underpinned by a defensive income stream, with a long WALE of 4.40 years by income, and a blue-chip tenant covenant providing reliability and stability. Located 10 kilometres north of Brisbane’s CBD, the property is situated directly opposite Westfield Chermside shopping centre and in close proximity to Prince Charles Hospital and St Vincent’s Private Hospital.

Complementary Services

This purpose-built day oncology hospital offers high barriers to entry and supports strong tenant retention and long-term occupancy. It forms part of an established medical complex providing a strong mix of complementary healthcare tenants, including Chermside Day Hospital, Chermside Medical Centre, Amcal Compounding Pharmacy, Sullivan Nicolaides Pathology, Genesis Care, and I-MED Radiology. This diverse tenant mix positions the asset as a premier medical destination and provides significant operational synergies with Icon Cancer Centre, allowing patients to access a comprehensive range of healthcare services in one location.

Lease Structure

With its net lease structure and fixed 5% annual rent increases, the property offers a high degree of income stability and strong income growth. Located in a tightly held, under-supplied medical precinct with minimal competing vacancy, the asset is well positioned to deliver secure income returns and sustained capital growth over the medium to long term.