Marian Centre187 Cambridge Street, Wembley
The Marian Centre was acquired by Vital in August 2014. It is a 69-bed stand-alone private psychiatric hospital in the established medical precinct of Subiaco, Perth, Western Australia. The Marian Centre provides both inpatient and outpatient services along with a range of therapy programs.
The facility is located 6km north-west from the Perth central business district and forms part of the larger Subiaco medical precinct. The precinct includes a mixture of for-profit and not-for-profit operators offering a diverse range of medical services including pathology, neurology, oral and dental, orthopaedics, sports medicine, fertility and oncology.
The asset was most recently refurbished in 2016.
Property SummaryAs at 31 December 2020 Marian Centre 187 Cambridge Street, Wembley
$52.8m Market Value
|Asset class||Hospital (Specialty)|
|Major tenant||Healthe Care|
|Market capitalisation rate||5.1%|