Expression of Interest Closing Thursday 10 December 2026 at 1:00pm (if not sold prior)
FAL Property Group is pleased to present an exceptional opportunity to acquire a premium healthcare investment at 29-31 Commercial Drive, Springfield.
Strategically positioned within one of South East Queensland’s fastest-growing commercial and healthcare precincts, this high-profile asset combines an established medical centre and dental practice across a substantial 1,967sqm corner landholding.
Comprising a net lettable area of approximately 590sqm, the property benefits from two established healthcare operators, with both tenancies secured by long-term leases through to 2033 and further option periods extending beyond 2043. This provides an attractive proposition for investors seeking dependable income, long-term tenancy security and exposure to the resilient healthcare property sector.
Investment Highlights:
– Premium healthcare investment comprising an established medical centre and dental practice.
– Substantial 1,967sqm corner landholding.
– Total net lettable area of 590sqm.
– Two established healthcare tenants providing diversified rental income.
– Long-term leases secured through to 2033.
– Further lease options extending beyond 2043.
– Prominent position within Springfield’s established commercial precinct.
– Surrounded by established medical, retail and professional services.
– Moments from Springfield Fair Shopping Centre.
– Strong underlying population growth and infrastructure investment supporting the region.
– Net income of $326,741 pa
Springfield continues to establish itself as one of Queensland’s most significant growth corridors, with Greater Springfield home to more than 55,000 residents and forming part of the rapidly expanding Ipswich region.
The precinct benefits from substantial investment across healthcare, education, infrastructure, retail and employment, supporting ongoing population growth and demand for essential services.
The recent opening of Mater Hospital Springfield further strengthens the region’s healthcare offering, reinforcing Springfield’s position as an emerging medical destination and supporting the broader healthcare ecosystem.
Conveniently located approximately 30 minutes from Brisbane CBD, Springfield offers excellent connectivity and access to an expanding residential and commercial catchment.
Combining an established healthcare tenant profile, long-term lease commitments, a substantial corner landholding and a strategic position within a major growth corridor, 29-31 Commercial Drive represents a compelling opportunity to secure a quality healthcare investment.
EXPRESSION OF INTEREST CLOSING:
Thursday 10 December 2026 at 1:00pm.
For further information or to arrange a confidential investment briefing, contact the exclusive marketing agents at FAL Property Group.
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