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74-86 Channon Street Gympie QLD 4570

  • Medical / Consulting
  • 2,271 m²
  • For Sale, Contact the exclusive agents

Gympie Private Hospital

    JLL and Cushman & Wakefield are pleased to present for sale Gympie Private Hospital. Fully leased to Healthe Care until July 2030, the investment offering is a unique opportunity to acquire a fantastic value add or redevelopment potential with unrivalled prominence.

    Unrivalled position in the heart of Gympie only 420m* to the 85-bed Gympie Public Hospital.
    Strong lease covenant underpinned by a national medical operator Healthe Care
    Total Net Lettable Area of 2,176 sqm*
    Passing Net Income of $574,000 pa* (as at 1 May 2022)
    Defensive Income stream with a 8.17 year WALE (by Income)
    Flexible options for adaptive re-use such as Aged Care, medical, allied health services.
    The facility remains the only private hospital facility in Gympie, offering ongoing opportunities to re-instate a private hospital operator with capacity for 40 beds and 2 operating theatres.

    The asset is For Sale via Expressions of Interest closing Thursday 2 June 2022 at 2pm (AEDT/AEST).

    Gympie Private Hospital is available individually or as part of the National Healthcare Portfolio. The Portfolio includes 9 securely leased medical assets across four states, with a combined net income of $7.32 million, and anchored by a range of blue chip national medical tenants such as Aurora, Nexus Day Hospitals, ForHealth, St Vincents and IPN Medical Centres.

    The Portfolio includes:
    Kogarah Private Hospital, 1 Derby Street, Kogarah NSW
    Chermside Medical Complex, Lots 2-6 & 9-10, 956 Gympie Road, Chermside QLD
    IPN Logan Central, 295 Kingston Road, Logan Central QLD
    IPN Forest Lake, 7 High Street, Forest Lake QLD
    Mackay Private Hospital, 57 Norris Road, Mount Pleasant QLD
    Gympie Private Hospital, 74-86 Channon Street, Gympie QLD
    Modern Medical Spotswood, 196 Hall Street, Spotswood VIC
    St Vincent's Specialist Centre, 574 Melton Highway, Sydenham VIC
    Rockingham Medical Centre, 18 Civic Boulevard, Rockingham WA

    Property Highlights

    Floor Area2,271 m²
    Land Area7,871 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2017760829
    Category
    Last updated  1 May 2022
    Map for 74-86 Channon Street Gympie QLD 4570

    Property Highlights

    Floor Area2,271 m²
    Land Area7,871 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2017760829
    Category
    Last updated  1 May 2022
    Level 25 420 George Street Sydney NSW 2000
    Simon Quinn
    Simon Quinn
    JLL - Sydney
    Elliott O'Shea
    Elliott O'Shea
    JLL - Sydney
    Mike Walsh
    Mike Walsh
    Cushman & Wakefield Sydney
    Frederic LeFanue
    Frederic LeFanue
    Cushman & Wakefield Sydney

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