Palm Beach Currumbin Clinic

Palm Beach Currumbin Clinic

37 Bilinga Street, Currumbin

Palm Beach Currumbin Clinic is located six kilometres from Burleigh Heads, on Queensland’s Gold Coast and has a catchment area that extends into New South Wales.

Palm Beach is a 104-bed private hospital providing psychiatric services, including rehabilitation. The facility is operated by Healthe Care and most recently underwent refurbishment in 2018 to facilitate:
• the separation of outpatient services
• conversion of 24 bed ward of double rooms into 24 single private rooms
• construction of 10 new consulting suites

Property Summary

As at 30 June 2021 Palm Beach Currumbin Clinic
37 Bilinga Street, Currumbin
  • $64.4m Market Value
  • 14.2yrs WALE
Asset class Hospital (Specialty)
Occupancy 100.0%
Major tenant Healthe Care
Market capitalisation rate 4.8%
Sustainability Features 90kW solar System