Premium Medical / Office Asset | Owner – Occupier Opportunity with Holding Income

FAL Property Group is pleased to present 10 Paxton Street, Springwood for sale by Expression of Interest — a modern medical and office asset offering a rare combination of immediate owner-occupation and substantial holding income.

Positioned directly adjacent to the Springwood Health Hub, the property comprises a modern two-level commercial building with approximately 554sqm GFA and 490sqm NLA, situated on a 739sqm site. The building is configured across two high-quality commercial suites, providing flexibility for medical, allied health and professional office users.

Unit 1 – 237sqm is currently occupied on a month-to-month basis and can be made available for owner-occupation. The suite benefits from an established medical fit-out incorporating seven consulting rooms, office accommodation, modern kitchen and amenities, a private veranda and secure basement parking. A new rooftop inverter air-conditioning system was installed in 2024, with the tenancy also benefiting from a dedicated solar system.

Unit 2 – 253sqm is leased to Cosca Accountants (BNE) Pty Ltd until 22 May 2028, with two further three-year options, delivering approximately $104,832 per annum net including car parking income. Annual rental reviews are structured at the greater of CPI or 2.5%.

The property currently generates approximately $184,470 per annum net when fully leased, with all outgoings recoverable from the tenants. An owner-occupier taking possession of Unit 1 would retain approximately $104,832 per annum net in holding income from Unit 2.

Located approximately 20 kilometres south of the Brisbane CBD, the property offers direct access to the Pacific Motorway and sits within one of South East Queensland’s established commercial and healthcare precincts. The neighbouring Springwood Health Hub accommodates a strong mix of medical operators including radiology, GP, endoscopy, pathology, pharmacy and specialist services.

Key Investment Highlights
Immediate Medical Owner-Occupation Opportunity
$104,832pa Net Holding Income
Seven Consulting Room Fit-Out
Adjacent To Springwood Health Hub
490sqm total Net Lettable Area
Secure basement car parking
Modern medical and office fit-outs
All property outgoings recoverable
Solar and upgraded HVAC systems
Established Springwood commercial precinct
Excellent access to the M1
Flexible future medical or office use

Inspections are strictly by private appointment.

For further information, inspection arrangements or access to the Information Memorandum and data room, please contact:

Dean Message
Sales & Leasing Executive
FAL Property Group
0434 314 624
dean.m@falproperty.com.au