Eden Rehabilitation50 Maple Street, Cooroy
Eden Rehab is a 48-bed private inpatient rehabilitation hospital and medical centre located in Cooroy, approximately 25 minutes inland from Noosa in Queensland. Leased to Healthe Care, the facility provides 54 car-parking spaces, and was first constructed in 1910 with regular refurbishments occurring since then, including a refurbishment and conversion of the upper floor to a mental health facility during 2020.
Eden has provided rehabilitation and medical care to Sunshine Coast residents for over 15 years.
The population of the Sunshine Coast is expected to grow at above the Australian national average over the next 10 years, with Eden well positioned as the only sub-acute stand-alone private rehabilitation hospital between Brisbane and Cairns.
Property SummaryAs at 31 December 2020 Eden Rehabilitation 50 Maple Street, Cooroy
$29.6m Market Value
|Asset class||Hospital (Acute/Specialty)|
|Major tenant||Healthe Care|
|Market capitalisation rate||5.5%|