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Epworth Eastern Medical Centre

Melbourne, Victoria

Property Summary
As at 30 Jun, 2020

Asset class:

Medical office building

Market value:

A$39,100,000

Market capitalisation rate:

5.25%

WALE:

9.9 years

Occupancy:

74.8%

Major tenant:

Epworth Foundation

Location:

1 Arnold Street, Box Hill

Wale:

9.9 years

Located in Box Hill, 14km east of the Melbourne CBD, Epworth Eastern Medical Centre adjoins Epworth Eastern Private Hospital and provides a combination of consulting suites and radiotherapy bunkers.

Completed in 1985, the facility comprises three levels and a basement, as well as 10 outdoor, at-grade parking spaces. The medical centre is currently undergoing partial redevelopment in conjunction with the Epworth Eastern Hospital expansion and development of a 14 storey tower onsite creating additional theatres, clinical wards and consulting suites.

Click here to view Epworth's short film 'A new day' which showcases their excellent patient-centred care.

Contact

Georgie Huxley
Asset Manager