Toronto Private Hospital_Property for Sale

241 Excelsior Parade, Toronto, NSW, 2283, AU

Toronto Private Hospital

Asset description

JLL is proud to exclusively present for sale Toronto Private Hospital and Hirondelle Private Hospital, two high quality healthcare assets offering long-term secure cashflows. This unique portfolio provides an exceptional opportunity to rapidly expand and achieve immediate scale, in a tightly held market supported by a long-term Weighted Average Lease Expiry (WALE) of 18.5 years*.Offering cashflows underpinned by Aurora Healthcare and Medibank's Amplar Health, the properties are backed by some of Australia's strongest healthcare covenants.

Toronto Private Hospital is being offered individually or in one line via Expressions of Interest closing Thursday 30th May 2024 at 2pm (AEST).

Link to Hirondelle Private Hospital - https://invest.jll.com/au/en/listings/healthcare/hirondelle-private-hospital

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Attributes

Occupancy

100%

Land area gross

7,250 sm

Parking spaces

Remaining lease term

18 years

Media

Investment highlights

Toronto Private Hospital is a well-established rehabilitation and mental health facility in Toronto, New South Wales. The hospital itself consists of a three-level facility offering 105-beds. The asset has undergone significant renovations and upgrades since its establishment in 1988 and is fully leased to Aurora Healthcare, a highly reputable hospital operator.

Established 105 bed rehabilitation and Mental Health Hospital
Fully Leased to Aurora Healthcare Australia, Australia's largest mental health hospital operator
Defensive income profile with long security through 18-year WALE*
Strategic location with supportive demographic in key growth area
Clean net cashflow with built-in growth

*Approx