Palm Beach Currumbin Clinic
37 Bilinga Street, CurrumbinPalm 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 31 December 2020 Palm Beach Currumbin Clinic 37 Bilinga Street, Currumbin-
$64.9m Market Value
-
14.7yrs WALE
| Asset class | Hospital (Specialty) |
|---|---|
| Occupancy | 100% |
| Major tenant | Healthe Care |
| Market capitalisation rate | 5.0% |
