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The Southport Private Hospital (formerly Allamanda Private)

Southport, Queensland

Property Summary
As at 30 Jun, 2016

Asset class:

Acute hospital

Market value:

A$43,100,000

Market capitalisation rate:

6.5%

WALE:

21.6 years

Occupancy:

100%

Major tenant:

Ramsay Health Care

Location:

150 Queen Street, Southport

Gold Coast Southport Clinic (formerly Allamanda Private) is located in the medical precinct at Southport on the Gold Coast and provides a comprehensive range of surgical and medical services including rehabilitation and a 24-hour emergency care centre.

Primarily servicing the Gold Coast community, it is a purpose-built, three-level hospital with a medical centre and an associated carpark on a 2-hectare site. With 220 beds, Gold Coast Southport Clinic has been providing high-quality healthcare to the Gold Coast community for over 30 years.

Contact

Cameron Ramsay
National Acquisitions Manager

+61 3 8609 8415
+ 61 416 205 273

cramsay@vhpt.com.au

Mark Norman
National Development Manager

+61 3 8609 8412
+61 412 681 553

mnorman@vhpt.com.au