Fairfield residential aged care
Sydney, New South Wales
Property Summary
As at 30 Jun, 2020
Asset class:
Aged care
Market value:
A$17,300,000
Market capitalisation rate:
7.00%
WALE:
15.7 years
Occupancy:
100%
Major tenant:
Hall & Prior
Location:
125 The Crescent, Fairfield
Wale:
15.7 years
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.
