The Bonney Place Medical Centre on Junction Road, Clayfield, has been sold for $8 million, following an intense round of investor interest that highlights the strength of Brisbane’s healthcare property market.
Read: What Makes Clayfield a Top Pick Suburb for 2025?
The high-profile site, occupying 829 square metres, achieved a 5.68 per cent yield, marking one of the tightest medical property results in 2025. The complex is anchored by the long-established Junction Road Family Practice, which has operated since the centre’s construction and now has 11 doctors. The facility also houses QML Pathology and a complementary mix of allied health, retail, and office tenants.
Sales information shows the listing generated 259 enquiries and attracted six registered bidders. Interest came from both private investors and medical practitioners across Australia, reflecting the ongoing demand for healthcare-backed assets in well-established suburbs.
Clayfield, about seven kilometres north of the Brisbane CBD, is known for its accessibility and strong suburban character. Its established residential base and convenient location continue to support demand for local healthcare services.
Located along Junction Road, the centre benefits from strong visibility and accessibility within Clayfield. The mix of tenants and the established GP anchor contribute to the property’s appeal, offering investors long-term stability and steady returns.
The transaction was handled by Ray White Retail Queensland agents Lachlan O’Keeffe and Michael Feltoe, who have achieved several successful healthcare sales across the state. Their team noted that the Clayfield sale represents one of the tightest medical yields achieved this year and reflects continued investor confidence in essential-service real estate.
The sale adds to Ray White Retail’s recent record of strong outcomes in the healthcare investment market. With investors continuing to seek defensive assets backed by reliable tenants, healthcare-anchored properties like Bonney Place Medical Centre remain among the most competitive on the market.
Read: Rapid Sale: Clayfield Apartment Snapped Up Within Hours of Listing
For Clayfield, the result reinforces the suburb’s appeal as a location combining accessibility, established infrastructure, and essential community services. While ownership has changed, Bonney Place Medical Centre continues to serve as a key local healthcare facility.
Published 4-November-2025
