Fairfield residential aged care

Sydney, New South Wales

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Property Summary
As at 30 Jun, 2016

Asset class:

Aged care

Market value:

A$14,100,000

Market capitalisation rate:

8.0%

WALE:

19.7 years

Occupancy:

100%

Major tenant:

Hall & Prior

Location:

125 The Crescent, Fairfield

Fairfield residential aged care is located approximately 28kms west of the Sydney CBD in the suburb of Fairfield. It is a two-level high-care facility with 93 beds including an 18-bed secure dementia unit.

Fairfield 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.