PROPERTY PORTFOLIO

Waratah Private Hospital Ground Floor Suites

31 Dora Street, Hurstville, NSW 2220

Waratah Private Hospital is a high quality private hospital and medical consulting facility located in Hurstville NSW. The facility houses a comprehensive cancer service along with surgical, medical and rehabilitation services.

Six ground floor retail suites and 30 car parks were acquired in January 2016 from the Hurstville City Council in order to facilitate expansion of the hospital including a hydrotherapy pool, rehabilitation gym and other outpatient services. A 20 year lease has been entered into with the hospital operator over this area.

Key facts
Description Ground floor suites, Waratah Private Hospital
Ownership 100% of the six suites and 30 car parks
(representing 6.14% of the entire building which is strata titled)
Ownership type Freehold
Book value $5.5m (as at 30 June 2016)
Major tenant(s) Waratah Private Hospital Pty Limited
Number of tenants 1
WALE 19.6 years
NLA 737 sqm
Occupancy 100%
Car parks 30
Rental reviews 3.5% per annum