Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A


Building Area Gross
Land Area Gross ()

Asset Description

JLL are pleased to present the opportunity to acquire ICON Cancer Centre Cairns at 203 – 205 Lake Street, Cairns QLD.


A brand new, state-of-the-art radiation oncology facility providing the latest in radiation therapy and techniques. ICON Cancer Centre Cairns encapsulates key fundamentals that underpin sound investment in healthcare real estate, being;

Investment Highlights

  • Long term cash flow through the 10 year and 5-month lease with 2 x 5 year options to 2041
  • Fully leased to national healthcare operator, Integrated Clinical Oncology Network Pty Ltd (ICON)
  • Significant tenant investment of $2.5million to create the state-of-the-art facility, underpinning their long term commitment to the asset
  • Current net income of $180,000p.a. + GST
  • Whole of land lease on a 1,012sqm land holding with future development potential
  • Net lease structure and minimum 3% annual reviews protecting rental growth and cash flow
  • Situated within the dedicated medical precinct strategically located within walking distance of both public and private hospitals

ICON Group is Australia’s largest dedicated cancer care provider and has 33 centres nationally, along with clinics in Singapore, Mainland China, Hong Kong and New Zealand.


The property is being offered for Sale via Offers to Purchase closing Thursday 28 October 2021 at 4:00pm (AEST).

Last Updated Date: 02 Nov 2021

There was an error submitting your request. Please try again, or submit you inquiry here.



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 02 Nov 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.