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The property is a private hospital that delivers a comprehensive ranges of medical services, including acute surgical, medical, cardiac and obstetric services. It is located in the bayside suburb of Langwarrin in Melbourne's south eastern suburbs. Growing demand for healthcare services in the region has meant the hospital is regularly upgraded and expanded.

Property information

This property information is current at 30 September 2016. We are not aware of any change to these details at the time of publishing.

Property details

  • Lettable Area (sqm)
    12,387
  • Major tenant
    Ramsay Health
  • No. of Tenants
    1
  • Occupancy Rate by area (%)
    100
  • Weighted Average Lease Expiry by income (years)
    22.6
  • Current Valuation ($m)
    84.7
  • Valuation date
    Apr 2016
  • Capitalisation Rate %
    7.00
  • Book Value ($m)
    84.75

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