Epworth Camberwell888 Toorak Road, Camberwell
Epworth Camberwell is a part four level specialist rehabilitation hospital with 147 beds offering rehabilitation, mental health, allied health and sleep disorder services. The asset has undergone a major $40 million expansion and refurbishment program in 2013 adding 68 new private beds, consulting suites, therapy rooms, meeting rooms, refurbished hydrotherapy pool and 2 large gymnasiums, retail and 98 additional car spaces. The older part of the building, known originally as Cedar Court is located on the corner of Burke road and Turner Street is approximately 50 years of age needing redevelopment.
Property SummaryAs at 31 December 2021 Epworth Camberwell 888 Toorak Road, Camberwell
$72.7m Market Value
|Asset class||Hospital (Specialty)|
|Major tenant||Epworth Foundation|
|Market capitalisation rate||4.2%|