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Lingard Private Hospital

Merewether, New South Wales

Property Summary
As at 30 Jun, 2020

Asset class:

Acute hospital

Market value:

A$152,000,000

Market capitalisation rate:

5.25%

WALE:

25.7 years

Occupancy:

100%

Major tenant:

Healthe Care

Location:

23 Merewether Street, Merewether

Wale:

25.7 years

Lingard Private Hospital is a 123-bed acute medical and surgical hospital located four kilometres south of the Newcastle CBD. Over recent years Lingard has undergone significant redevelopment which has provided the following enhancements:

  • A new 6-bed Intensive Care Unit (ICU)
  • A new 22 single-bed inpatient ward
  • Two new cath labs allowing the ICU to facilitate more complex surgeries such as cardiac, higher acuity orthopaedics and neurosurgery.  
  • 4 new operating theatres (total now 10)

24 surgical beds, and a hydrotherapy pool.

Contact

Georgie Huxley
Asset Manager