Description

JLL and Savills are pleased to exclusively present for sale a 100% freehold interest in ‘Herston Private Hospital’, 7 & 15 Wren Street, Bowen Hills Qld.

Herston Private Hospital (HPH) is a rare healthcare investment opportunity featuring a modern, purpose-built private hospital and 266* on-site car parks. The asset is located within one of Queensland’s key healthcare precincts, co-located to Queensland’s largest public hospital - the Royal Brisbane and Women’s Hospital (RBWH).

The investment opportunity offers a defensive income stream, underpinned by Herston Private Hospital, Genea Fertility, Icon Cancer Centre and PriPark.

The site’s location in the Bowen Hills Priority Development Area (PDA) allows for outstanding future development potential. The opportunity comprises a proposed Stage 2 expansion totalling 27,844 sqm of gross floor area across medical and residential uses.

Herston Private Hospital is for Sale Via Expressions of Interest Closing Thursday 3 September 2026 at 2pm AEST.

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Attributes

Building area net

4,789 m²

Land area net

3,572 m²

Parking spaces

266

Media

Investment Highlights

Herston Private Hospital is a modern, purpose-built, institutional-grade healthcare asset offering 4,772 sqm* of net lettable area and a 266* bay car park.
The Hospital is trading at sustainable level with strong theatre utilisation. This is supported by a multi-disciplinary healthcare tenancy mix including radiology, oncology and IVF.
Positioned directly opposite the Royal Brisbane and Women's Hospital, Queensland's largest hospital with more than 1 million annual patient episodes, the Property benefits from unmatched exposure to one of Australia's busiest healthcare precincts, only 2.7km* from the Brisbane CBD.
The asset boasts 266-onsite car parks which is managed by reputable operator PriPark who have been the beneficiary of strong throughput of the co-located tenants.
Located in the Herston Health Precinct across from Queensland’s largest hospital, the Royal Brisbane and Women’s Hospital (RBWH), which employs more than 9,000 multidiscipline staff.
The precinct is set to be a major beneficiary of generational infrastructure investment. Major surrounding projects include Cross River Rail, Brisbane Metro, Victoria Parklands and Herston Quarter.
The adjoining Stage 2 development site offers a clear value-add opportunity, with the added benefit of being located within the Bowen Hills Priority Development Area.
Designed by internationally renowned architects Thomson Adsett with input from healthcare consultancy Day Hospital Consulting and delivered by leading local construction firm ADCO.
Underpinned by a brand-new 20-year net lease to the main operator, Herston Private Hospital, along with long-term agreements with Genea Fertility, Icon Cancer Centre and PriPark — with major tenants together making up 80%* of the total lettable area.