Cushman & Wakefield Investment Sales are delighted to present the Margaret Rose Centre, located at 312 Bourbong Street in Bundaberg QLD 4670 to the market for sale via 'Expressions of Interest' closing at 4pm on the 9th of April 2025.
The Margaret Rose Centre features:
Exceptional Income Profile
The Margaret Rose Centre offers investors an exceptional income profile that is primarily derived from non-discretionary tenants. A new 5 year lease to the QLD Government's Wide Bay Hospital and Health Service underpins approximately 86.5% of the income with the residual derived from renowned optometry surgery Wilson Eye Centre and a local café. The asset offers a passing net annual income of $834,675, attractive rental reviews and a Weighted Average Lease Expiry of 4.36 years (by income).
High Quality Improvements
The improvements have a 9B classification and comprise 2,024m² of purpose built amenity that feature state of the art consulting rooms, treatment areas and administrative spaces. Approved to meet the requirements of a Queensland Government licenced healthcare facility, the improvements have been designed with due consideration to optimal functionality, patient care and long-term tenant requirements.
Excellent Transport and Accessibility
The asset benefits from high exposure to Bourbong Street, Bundaberg's key commercial corridor. Convenience and proximity to ancillary healthcare infrastructure is at the core of the investment appeal, with public transport and key healthcare amenities such as the Bundaberg Private & Public hospitals, Bundaberg Ear, Nose and Throat Surgery, Bundaberg Ambulance Surgery, Bundaberg Cancer Centre and Bundaberg Dental Hospital all within an immediate proximity.
Flexible Alternate Use Capabilities
With a flexible layout and strategic positioning within the medical precinct, the property presents multiple long term alternate use opportunities. Investors will benefit from the possibility to explore long-term asset enhancement strategies such as sustainability upgrades, additional fit-out customizations, or leveraging government healthcare funding incentives to attract and retain quality medical tenants.
Resilient and Recession-Resistant Asset class
Following a robust 2024, healthcare assets remain some of the most reliable and desired investment options in 2025, consistent tenant demand and income reliability through recent periods of uncertainty such as the COVID 19 pandemic have proven that the industry will remain resilient to even the most testing circumstances. Their essential nature will ensure this remains the case moving forward, specifically when underpinned by the demographic trends in the Bundaberg region.
For further information, to access the dataroom or to organise an inspection, please contact Daniel Cullinane, Evi Meka or Ned McConnel of Cushman Wakefield Investment Sales.
