Marian Centre

Marian Centre

187 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 Summary

As at 30 June 2021 Marian Centre
187 Cambridge Street, Wembley
  • $53.8m Market Value
  • 13.1yrs WALE
Asset class Hospital (Specialty)
Occupancy 100.0%
Major tenant Healthe Care
Market capitalisation rate 4.6%
Sustainability Features 15kW Solar system