Playford Health Hub
40 & 44 John Rice Ave, Elizabeth Vale SA 5112Originally home to the Elizabeth Vale Shopping Centre, Playford Health Hub is a multi-stage healthcare precinct strategically designed to support the growing healthcare needs of Northern Adelaide. The development benefits from its co-location alongside the Lyell McEwin Hospital, creating a complementary healthcare ecosystem within one of South Australia’s key health precincts.
Stage 1, completed in November 2021, comprises a convenience-based retail precinct and multi-deck car park accommodating up to 446 vehicles, designed to support the broader healthcare campus.
Stage 2, completed in May 2024, delivers a purpose-built specialist consulting and allied health building, now home to leading healthcare providers including Calvary, Sonic Healthcare, GenesisCare, SA Health and Radiology SA.
Master planning for the third and final stage of the development, incorporating a proposed private hospital, is currently underway.
Property Summary
As at 30 June 2026 Playford Health Hub 40 & 44 John Rice Ave, Elizabeth Vale SA 5112-
$104.7 Market Value
-
8.2 yrs WALE
| Asset class | Ambulatory Care |
|---|---|
| Occupancy | 93.2% |
| Major tenant | SA Health |
| Market capitalisation rate | 5.5% |
| Sustainability Features | - South Australia's first 6 Star Green Star certified MOB - 100kW Solar system - 100% Renewable Electricity Certificates for base building |
