3/22 Magnolia Drive, a high‑quality suburban medical office asset located within one of South East Queensland’s most dynamic growth corridors, is up for sale.
The property at 3/22 Magnolia Drive in Brookwater, southwest of the Brisbane CBD, is fully leased to Neta Care, a nationally integrated allied health, rehabilitation and disability services provider, with a remaining lease term of 6.5 years.
Configured across three levels and totalling 1,618sqm of net lettable area, the facility offers purpose‑built consulting suites, clinic rooms, specialist workspaces and an eight‑room turnkey GP clinic situated on the ground floor.
It also has 71 onsite carparks on an elevated 2,441sq m site within the tightly held Brookwater Office Park. The premium suburb of Brookwater is built around a Greg Norman-designed golf course and country club and retains the highest median house price in the Ipswich LGA ($1.49 million).
Surrounded by established commercial users and opposite a modern Childcare Centre, 3/22 Magnolia benefits from excellent arterial road access via the Augustine Parkway and Centenary Motorway, plus close proximity to the Orion regional shopping centre, Mater Health Precinct and Orion Springfield Central railway station.
3/22 Magnolia Drive in Brookwater is being offered to the market for sale via an Expressions of Interest (EOI) campaign led by Knight Frank agents Sam Biggins and Clem Stack.
Mr Biggins said the offering presented a rare chance to secure a premium healthcare-aligned suburban investment of scale in one of Queensland’s most desirable and fastest growing regions.
“3/22 Magnolia Drive, Brookwater is a high performing, essential services asset leased to a nationally recognised operator with long term tenure and strong rental growth fundamentals,” he said.
“The property benefits from its position within the Greater Springfield health and education corridor, a region supported by major infrastructure investment and a rapidly expanding population base.
“With increasing demand for integrated healthcare and allied health services, the covenant strength and strategic location of this asset provide exceptional certainty for investors, with defensive income and long-term growth potential.”
Mr Stack said Brookwater’s position within the emerging Springfield medical ecosystem further underpinned the long-term growth prospects.
“The asset is just minutes from Springfield Central and is directly supported by the Stage 2 expansion of the Mater Private Hospital Springfield, commencing early 2026,” he said.
“This major health infrastructure addition strengthens Brookwater’s role as a suburban healthcare hub and will continue to drive occupier demand for medical and allied health accommodation.
“Combined with a high quality fit out, strong building fundamentals and excellent accessibility, this is one of the most compelling healthcare investments to come to market in 2026.”
The EOI campaign for 3/22 Magnolia Drive, Brookwater will close at 4pm (AEST) on Thursday, March 26.
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