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 - with major tenants accounting for 80%* of the asset’s total lettable area.

An opportunity to further develop Stage 2 on the adjoining development site is also available, allowing for a further 21,925 sqm* of remaining GFA (26,552 sqm* total allowable GFA across both stages).

For Sale Via Expressions of Interest Closing Thursday 3 September 2026 at 2pm AEST.

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Attributes

Building area net

51,548 sf

Land area net

38,449 sf

Parking spaces

266

Media

Investment highlights

Brand New Private Hospital Asset: 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.
Strongly Trading Healthcare Ecosystem: 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.
Convenient and Accessible Parking: 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.
Key Medical Precinct: 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.
Infrastructure Hotspot: 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.
Significant Value Add Potential: 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.
Striking and Functional Design: Designed by internationally renowned architects Thomson Adsett with input from healthcare consultancy Day Hospital Consulting, and delivered by leading local construction firm ADCO.
Secure Long-Term Cash Flow: 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.
Unrivalled Location: Positioned within only 2.7km* of the Brisbane CBD, at the junction of Herston, Newstead and Windsor - three of Brisbane’s most sought-after inner-city suburbs.