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Clover Lea residential aged care

Sydney, New South Wales

Property Summary
As at 30 Jun, 2016

Asset class:

Aged care

Market value:

A$10,700,000

Market capitalisation rate:

8.0%

WALE:

19.7 years

Occupancy:

100%

Major tenant:

Hall & Prior

Location:

14 Claremont Rd, Burwood Heights 

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. 

Contact

Cameron Ramsay
National Acquisitions Manager

+61 3 8609 8415
+ 61 416 205 273

cramsay@vhpt.com.au

Mark Norman
National Development Manager

+61 3 8609 8412
+61 412 681 553

mnorman@vhpt.com.au