PRESS RELEASE
YOUR MEDICAL PROPERTY SECURES LONG-TERM LEASE WITH SKINGP AT GLEN IRIS MEDICAL PRECINCT
Melbourne, Victoria — July 2026
Your Medical Property has successfully secured a long-term lease with leading skin cancer and cosmetic healthcare provider SkinGP, reinforcing the continued strength of Melbourne’s medical property sector and the growing demand for high-quality healthcare accommodation.
The transaction will see SkinGP occupy a 259 sqm ground-floor tenancy at 1601 Malvern Road, Glen Iris, under an eight-year lease with two further five-year options.
Commencing on 1 July 2026, the lease reflects a net annual rent of $106,190, with fixed annual increases of 3.5%.
The agreement represents another successful outcome for Your Medical Property, Australia’s specialist medical real estate advisory business, which continues to connect healthcare operators with strategically located medical facilities across the country.
Growing demand for premium healthcare space
Managing Director Mark Wizel said the transaction reflects the ongoing evolution of Australia’s healthcare property market, where well-located commercial assets suitable for medical use continue to outperform traditional commercial sectors.
“Healthcare is no longer simply another tenant category; it has become one of the most sought-after occupier groups in commercial real estate.
“Medical operators are increasingly seeking long-term homes that offer accessibility, visibility and proximity to complementary healthcare services. Landlords are equally recognising the value that quality medical tenants bring through longer lease terms, resilient income streams and reduced vacancy risk.”
Mr Wizel said Glen Iris continues to emerge as one of Melbourne’s most desirable healthcare locations.
“The demographic profile, surrounding residential catchment and accessibility of Glen Iris make it an exceptional location for healthcare providers looking to expand.
“SkinGP is an outstanding operator with an excellent reputation, and we are delighted to have secured them for this property. The tenancy has been matched with an operator whose business model complements both the building and the surrounding healthcare ecosystem.”
Creating value through specialist healthcare leasing
Unlike traditional commercial leasing campaigns, Your Medical Property works closely with landlords and healthcare operators to understand the operational requirements of medical practices before bringing the parties together.
Throughout the campaign, the team positioned the tenancy specifically for medical users, ensuring the layout, presentation and leasing strategy aligned with the requirements of specialist healthcare providers.
This approach ultimately resulted in the successful appointment of SkinGP under a long-term lease that strengthens the asset’s investment profile.
Medical property remains a resilient investment sector
Demand for healthcare accommodation continues to be underpinned by Australia’s ageing population, increased demand for outpatient services, greater private healthcare utilisation and ongoing investment in community-based healthcare delivery.
As more healthcare providers move away from hospitals and into purpose-designed medical centres, specialist leasing expertise has become increasingly important in delivering successful outcomes for landlords and tenants.
Your Medical Property believes the sector will continue to experience strong demand over the coming decade, particularly for well-located medical facilities capable of accommodating specialist healthcare services.
About Your Medical Property
Your Medical Property is Australia’s leading medical property advisory and leasing platform dedicated exclusively to healthcare occupiers.
Founded by commercial and medical property specialist Mark Wizel, the firm assists doctors, medical groups and healthcare operators in securing strategically located premises that support the growth and sustainability of their practices.
With deep expertise across medical leasing, site acquisition, town planning, practice relocation and healthcare precinct development, Your Medical Property provides independent, occupier-focused advice to help practitioners navigate the complexities of the healthcare property market.
By combining specialist knowledge of commercial property, healthcare operations and regulatory requirements, Your Medical Property has become a trusted partner for medical professionals across Australia seeking to establish, expand or future-proof their practices.
For more information, visit yourmedicalproperty.com.au
Media enquiries
Mark Wizel
0411 694 756
mark@yourmedicalproperty.com.au
