Lingard Private Hospital

Lingard Private Hospital

23 Merewether Street, Merewether

Lingard Private Hospital is a 123-bed acute medical and surgical hospital located four kilometres south of the Newcastle CBD.

Over recent years Lingard has undergone significant redevelopment which has provided the following enhancements:
• A new six-bed Intensive Care Unit (ICU)
• A new 22 single-bed inpatient ward
• Two new cath labs allowing the ICU to facilitate more complex surgeries such as cardiac, higher acuity orthopaedics and neurosurgery
• Four new operating theatres (total now 10)
• 24 surgical beds, and a hydrotherapy pool

Property Summary

As at 31 December 2020 Lingard Private Hospital
23 Merewether Street, Merewether
  • $174.5m Market Value
  • 25.2yrs WALE
Asset class Hospital (Acute)
Occupancy 100%
Major tenant Healthe Care
Market capitalisation rate 5.0%