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Marian Centre

Perth, Western Australia

Property Summary
As at 30 Jun, 2016

Asset class:

Mental health hospital

Market value:


Market capitalisation rate:



18.1 years



Major tenant:

Healthe Care


200 Cambridge St, Wembley 

The Marian Centre was acquired by Vital in August 2014.  It is a 31-bed stand-alone private psychiatric hospital in the established medical precinct of Subiaco, Perth, Western Australia. The Marian Centre provides both inpatient and outpatient services along with a range of therapy programs.

The facility is located 6km north-west from the Perth central business district and forms part of the larger Subiaco medical precinct. The precinct includes a mixture of for-profit and not-for-profit operators offering a diverse range of medical services including pathology, neurology, oral & dental, orthopaedics, sports medicine, fertility and oncology.

In November 2014 Vital began a A$12.9 million redevelopment to meet growing demand for services in the area. The redevelopment saw bed numbers increase from 31 to 66, existing ward accommodation was refurbished, a new lift and lobby were added, the existing dining area was extended and additional consulting suites were provided. The work was completed in March 2016.


Cameron Ramsay
National Acquisitions Manager

+61 3 8609 8415
+ 61 416 205 273

Mark Norman
National Development Manager

+61 3 8609 8412
+61 412 681 553