Medical operator commits to Ripley Valley town centre tenancy
A Victoria-based medical operator has committed to a lease in Ripley Valley’s $1.5 billion Ripley Town Centre in Queensland’s Ipswich.
The Quay Family Healthcare has taken a 1,740 sqm tenancy for a medical centre within the $40 million first stage of the Ripley Town Centre, which is under construction.
The town centre is being developed by Sekisui House.
Upon completion, The Quay Family Healthcare will offer a range of services including general practitioners, specialists, pathology, radiology, optometry, dental care, podiatry and other allied health.
It will be the 25th medical centre for the group and its second in Queensland.
Its Australia CEO and managing director Toru Abe said the medical operator “was a major tenant for the Ripley Town Centre not only in terms of its size but also because of its importance to the surrounding community”.
The Ripley Valley population is expected to grow to 120,000 over the next 20 years, he said.
Ripley Town Centre is seen as a major driver of growth for the region as more tenants are secured.
The Quay Family Healthcare practice manager Nazmi Msamih said the future for health clinics within Queensland was strong due to the growth in migration.
“People are willing to settle in areas with an abundant of job opportunities, which is something that new developments offer.
“Elderly demographics also look to invest and retire in ‘quiet’ regions, therefore the need for amenities such as health would be a major point of concern,” said Msamih.
The Quay Family Healthcare’s Ripley Medical Precinct is one of the company’s largest medical precincts to date.
The Ripley Town Centre will service Ecco Ripley and the entire Ripley Valley, which is set to become one of the largest pre-planned communities in Australia and support the growth of the Ipswich population, forecast to surge to 327,000 by 2041.
The Ripley Town Centre will on completion comprise commercial and retail spaces, a dining precinct, regional transit hub, community and entertainment facilities as well as residential.
Civil works for the Ripley Town Centre, including major roadworks to support the development, were completed last year by Sekisui House, the world’s biggest residential construction company.