Clover Lea residential aged care
Sydney, New South Wales
Property Summary
As at 30 Jun, 2020
Asset class:
Aged care
Market value:
A$12,900,000
Market capitalisation rate:
7.0%
WALE:
15.7 years
Occupancy:
100%
Major tenant:
Hall & Prior
Location:
14 Claremont Rd, Burwood Heights
Wale:
15.7 years
Clover Lea residential aged care is located approximately 12kms west of the Sydney CBD. It is a high-care, single level facility with 64 beds.
Clover Lea is operated by Hall & prior, a private Australian Commonwealth Government approved residential aged care provider. With more than 1,450 aged care beds it is one of the largest private aged care operators in Australia. Hall & Prior currently manages 22 facilities, with primary concentrations in metropolitan Perth and metropolitan Sydney. Hall & Prior has a strong focus on high quality care, including dementia care for many residents.
