Quanta Chermside Medical Trust | Investment Opportunity
Investment Resources
Information Memorandum
Why Invest?
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.