Noosaville Medical Centre is a rare opportunity to invest in a prominent medical campus in the heart of Noosa’s established health precinct, 450 metres from Noosa Hospital. This asset combines essential-service income, a scarce healthcare-zoned landholding, embedded rental reversion and multiple value-add pathways in a sector with high barriers to new supply.
Westbridge Funds Management and Shore Invest have partnered to acquire a landmark healthcare asset on Queensland’s Sunshine Coast.
Settlement Expected October 2026
Secure Income at a Compelling Entry Yield
Net Passing Income of $3,329,910 per annum with a WALE of 3.79 years across 33 tenancies. The initial passing yield of 7.74% compares to a national average healthcare passing yield of 6.50% as at March 2026 (MSCI Transactional and Research Data).
Essential Service Income & Anchor Tenant Quality
Income is anchored by GenesisCare – one of Australia’s largest providers of cancer care services with over 50 locations nationally – alongside Noosa Radiology, which holds a direct cross-referral relationship with GenesisCare, and ASX-listed Appleberries Early Education (ASX:EVO). Healthcare occupiers are generally less sensitive to economic fluctuations and demonstrate greater cashflow stability than other core sectors.
Embedded Rental Upside & Year 1 Value-Add
The Appleberries childcare tenancy has a scheduled market review in December 2026 with current passing rent significantly below achievable market rates – a clear value-add proposition in Year 1 of ownership. Separately, the vacant tenancies are fully covered by a 2-year vendor gross rental guarantee, allowing an active leasing strategy to be pursued from a position of income security.
Rare Landholding in Noosa’s Premier Health Precinct
Dual street frontage and 450m from Noosa Hospital – the hospital is currently operating at capacity and using temporary overflow accommodation, positioning the asset to capture demand from specialists and allied health operators seeking permanent accommodation nearby. The 396 car bays directly address one of the region’s most significant constraints for healthcare occupiers and patients. The average age within Noosa Shire is 12 years older than Greater Brisbane (ABS), underwriting long-term healthcare demand.
Purchased Below Replacement Cost
Acquired at an estimated 31% below replacement cost, materially reducing the risk of future competing developments. The asset benefits from capital-intensive clinical fit-out including radiation therapy bunkers, which are imperative to GenesisCare’s operations at the premises and extremely expensive and time-consuming to replicate elsewhere.
Attractive Sector Timing
Healthcare assets have delivered a 12% annualised return over the last decade and were the only one of the four major asset classes to record a positive change in capital value through the global financial crisis (MSCI).
Commercial property values are broadly driven by:
Value ≈ Net Operating Income ÷ Capitalisation Rate
If rental income increases through the childcare market review, leasing of existing vacancies and market rent reviews, and healthcare yields firm from their current position above long-term averages, asset value may rise accordingly.
Leverage can enhance total returns when income and values rise. However, if asset values decline or income falls, leverage can magnify losses.
This is why the investment thesis focuses on:
In order to invest, you must be a Sophisticated Investor:
This is an exceptional investment opportunity, offering strong long-term returns backed by a solid rental yield and a diverse, high-quality tenant profile.
The minimum investment requirement is $100,000, ensuring that you become part of a focused and committed investor group.
If you are interested in learning more or participating in this investment, register below.
By returning this EOI form to Shore Invest, you will receive a copy of the Information Memorandum (IM). A completed EOI form is neither binding on you to subscribe for units, nor does it guarantee a full allocation of units pursuant to the issue of the IM. An allocation of units is subject to completion and receipt of an Application Form as contained in the IM.
We understand that diversity in investment portfolios is key to long-term financial success. With Shore Invest, we offer you the chance to diversify your investment strategy by venturing into the realm of commercial property. Investors are not only attracted to the exposure of commercial assets, but also the ability to invest without needing to demonstrate personal serviceability toward the debt facilities of these assets. Most of the commercial asset acquisition will have a debt position of roughly 40-60% LVR and this loan will not have any personal guarantees associated to any of the investors and instead will be purely supported by the income of the asset itself.
This means that investors can gain access to leveraged property acquisitions where their capital is still witnessing the benefits of leverage without having to restrict their personal borrowing power.
Shore Financial has entered into a joint venture with Westbridge Funds Management, a specialist investment manager with more than 20 years’ experience delivering innovative real estate funds across Australia. With a strong track record in both commercial and residential property investment, Westbridge brings disciplined processes, transparency, and deep expertise in structuring and managing property funds.
This partnership strengthens Shore Financial’s ability to secure and manage high-quality commercial assets, while providing clients access to well-structured investment opportunities. Together, we are building on a foundation of integrity, performance, and long-term value creation to deliver growth and financial success.
A commercial property syndicate allows qualifying sophisticated investors to collectively own high-quality commercial real estate that would ordinarily be beyond the reach for individual investors. By pooling funds together, the commercial property syndicate can acquire a larger more valuable property with better income return and capital growth potential.
Each syndicate acquires a single designated property (single property vehicle) and is legally structured as a Unit Trust, with investors applying for Ordinary Units in The Trust. Each Unit-holder is entitled to share in the income and capital of the trust, in proportion to their unit holding.
Syndicates are typically established for a set period, usually 4-5 years, after which the property is intended to be sold. The Trustee may sell the property and wind up the trust earlier if it is in the best interest of the unit holders.
The AFSL holder acts as the Trustee of the Unit trust that acquires the property and the title to the property and mortgage finance are in the Trustee’s name. Under this structure, Investors have no liability either to the mortgagor or to any trust creditors. This form of borrowing is described as “non-recourse”.
Syndicate operators are required to hold an Australian Financial Services Licence (AFSL) which imposes comprehensive and strenuous obligations on the licensee. Principals of the licensee must possess extensive relevant experience and the appropriate degree of expertise. The conduct of a licensee is tightly regulated and the company is audited annually, with the auditors certifying that the company is complying with all of its legal and statutory obligations. The affairs and finances of each Unit Trust are also audited individually on an annual basis.
Investor returns are based on the income and capital available after fees or entitlements to the AFSL holder or its associates, with the quoted annual return reflecting the amount available to Ordinary Unit-holders.
Shore Private Pty Ltd (ABN 64 653 282 074) is a corporate authorised representative (CAR 001317781) of Sandford Capital Pty Limited (ABN 82 600 590 887) (AFSL 461981).
The information in this website (the Information) has been prepared by Shore Private.
This information is for general information only and is not an offer for the purchase or sale of any financial product or
services. The Information has been prepared for investors who qualify as wholesale clients under section 761G of the
Corporations Act 2001 (Cth) (Corporations Act) or to any other person who is not required to be given a regulated
disclosure document under the Corporations Act. The Information is not intended to provide you with financial or tax
advice and does not take into account your objectives, financial situation or needs. Although we believe that the
Information is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute
which cannot be excluded. Please note that past performance may not be indicative of future performance and that
no guarantee of performance, the return of capital or a particular rate of return is given the Licensee, Shore Private or any other person. To the maximum extent possible, the Licensee, Shore Private or any other person do not accept any liability for any statement in this Information.
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