JLL and Cushman & Wakefield are pleased to present for sale Mackay Private Hospital, a comprehensive mental health and rehabilitation facility in the city of Mackay. The Private Hospital provides a total of 34 beds and delivers a comprehensive range of inpatient services supported by the latest technology and access to allied health services.
- Purpose-built Private Hospital fully leased to national operator Aurora Healthcare
- Strategically located alongside two significant seniors living facilities being Carlyle Gardens and Bolton Clarke’s Breezes
- Exceptional Lease Covenant - fully leased to the national mental health & rehabilitation operator Aurora Healthcare (formerly Healthe Care), with 16 private hospitals and community services across Australia
- Total Net Lettable Area of 3,445 sqm*
- Passing Net Income of $921,000 pa* (as at 1 May 2022)
- 4.1 year WALE (by Income)
- Fully equipped with 26 rehabilitation beds, 8 mental health beds, a hydrotherapy pool and extensive in- and outpatient programs
- Benefitting from the government’s historic 2021-22 budget of $2.3 billion into mental health and suicide prevention
The asset is For Sale via Expressions of Interest closing Thursday 2 June 2022 at 2pm (AEDT/AEST).
Mackay 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