Avive Clinic, Mornington Peninsula

Avive Clinic, Mornington Peninsula

2 Mount Eliza Way, Mount Eliza

The Avive Clinic is located in Mount Eliza on the Mornington Peninsula.

A brownfield project was undertaken to convert the former aged care home into a mental health facility which was completed in late 2023.

Leased to Avive Health the 60-bed private hospital also includes doctor consulting rooms, group therapy spaces and outdoor retreat areas.

Property Summary

As at 30 June 2026 Avive Clinic, Mornington Peninsula
2 Mount Eliza Way, Mount Eliza
  • $34.9 Market Value
  • 22.33 yrs WALE
Asset class Hospital (Specialty)
Occupancy 100.0%
Major tenant Avive Health
Market capitalisation rate 5.5%
Sustainability Features Landscaped outdoor areas to support mind-body recovery