CBRE Australian Healthcare & Social Infrastructure and Knight Frank are pleased to present for sale the Sunbury Medical Centre, a modern medical investment anchored by a high-performing 17-room GP clinic, supported by a complementary mix of diagnostics, pathology, allied health and pharmacy tenants.
The key investment attributes of this opportunity are as follows:
+ Fully leased net income of $1,539,330 p.a. plus GST*
+ 1,808 sqm* Net Lettable Area over 2 levels with 99%* occupancy
+ 4,032 sqm* high exposure landholding with dual street frontages
+ Purpose-built in 2019 to latest standards
+ Anchored by KKR-backed Family Doctor Group, a national GP-chain with over 114 locations occupying over 47%* of NLA
+ Co-anchored by national diagnostics provider Dorevitch Pathology (subsidiary of Healius, ASX:HLS), with supporting major tenants including Niddrie Radiology, Serene Psychology
+ 3.56 Year WALE* (income) with diversified lease expiry profile
+ 69 onsite carparks (1:26* sqm), with dual entry/exit points ensuring convenient accessibility for patients, customers and tenants
+ Strong local area fundamentals underpinned by significant population growth and sustained healthcare-services demand
*Approximate, as of 1 July 2026
Sunbury Medical Centre occupies a prominent 4,032 sqm landholding at 38 – 40 Gap Road, Sunbury, benefitting from over 134m of combined frontages to Gap Road and Pasley Street. The high exposure location and convenient accessibility ensure significant throughput for the tenancies which provide a complementary mix of GP, pathology, radiology, pharmacy and psychology services.
The population of Sunbury is forecast to grow by over 127% to 2046, with the 0 – 9 years Children’s cohort currently being 20% larger than the Greater Melbourne average (profile.id), ensuring demand for medical services in the region will continue to grow.
38-40 Gap Road, Sunbury is offered for sale by Expressions of Interest closing 4:00pm AEST, Thursday, 7th May 2026.
For more information, please contact the exclusive marketing agents:
CBRE Australian Healthcare and Social Infrastructure
Sandro Peluso
+61 418 389 757
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
Knight Frank Australian Healthcare & Life Sciences
Sam Biggins
+61 410 979 075
Tom Ryan
+61 419 786 244
Trent Preece
+61 400 504 300
Remember to mention you found this property on CommercialReady
CBRE Australian Healthcare & Social Infrastructure and Knight Frank are pleased to present for sale the Sunbury Medical Centre, a modern medical investment anchored by a high-performing 17-room GP clinic, supported by a complementary mix of diagnostics, pathology, allied health and pharmacy tenants.
The key investment attributes of this opportunity are as follows:
+ Fully leased net income of $1,539,330 p.a. plus GST*
+ 1,808 sqm* Net Lettable Area over 2 levels with 99%* occupancy
+ 4,032 sqm* high exposure landholding with dual street frontages
+ Purpose-built in 2019 to latest standards
+ Anchored by KKR-backed Family Doctor Group, a national GP-chain with over 114 locations occupying over 47%* of NLA
+ Co-anchored by national diagnostics provider Dorevitch Pathology (subsidiary of Healius, ASX:HLS), with supporting major tenants including Niddrie Radiology, Serene Psychology
+ 3.56 Year WALE* (income) with diversified lease expiry profile
+ 69 onsite carparks (1:26* sqm), with dual entry/exit points ensuring convenient accessibility for patients, customers and tenants
+ Strong local area fundamentals underpinned by significant population growth and sustained healthcare-services demand
*Approximate, as of 1 July 2026
Sunbury Medical Centre occupies a prominent 4,032 sqm landholding at 38 – 40 Gap Road, Sunbury, benefitting from over 134m of combined frontages to Gap Road and Pasley Street. The high exposure location and convenient accessibility ensure significant throughput for the tenancies which provide a complementary mix of GP, pathology, radiology, pharmacy and psychology services.
The population of Sunbury is forecast to grow by over 127% to 2046, with the 0 – 9 years Children’s cohort currently being 20% larger than the Greater Melbourne average (profile.id), ensuring demand for medical services in the region will continue to grow.
38-40 Gap Road, Sunbury is offered for sale by Expressions of Interest closing 4:00pm AEST, Thursday, 7th May 2026.
For more information, please contact the exclusive marketing agents:
CBRE Australian Healthcare and Social Infrastructure
Sandro Peluso
+61 418 389 757
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
Knight Frank Australian Healthcare & Life Sciences
Sam Biggins
+61 410 979 075
Tom Ryan
+61 419 786 244
Trent Preece
+61 400 504 300
Remember to mention you found this property on CommercialReady
38-40 Gap Road, Sunbury, VIC, 3429
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