Hirondelle Private Hospital
Chatswood, New South Wales
Property Summary
As at 30 Jun, 2020
Asset class:
Rehabilitation hospital
Market Value:
A$25,970,000
Market capitalisation rate:
5.50%
WALE:
21.9 years
Occupancy:
100%
Major tenant:
Healthe Care
Location:
10 Wyvern Ave, Chatswood
Wale:
21.9 years
Hirondelle is a 53-bed private rehabilitation hospital located within Sydney’s lower north shore suburb of Chatswood, approximately 10km north-west of the CBD. Leased to Healthe Care, the hospital provides specialist inpatient programs across the orthopaedic, neurological and reconditioning areas.
Hirondelle was most recently refurbished in 2014, and provides a modern rehabilitation facility including hydrotherapy pool to complete their recovery following major surgery.
The acquisition of Hirondelle included two residential sites which will help create long-term value