Playford Health Hub – Stage 2
44 John Rice Avenue, Elizabeth ValePlayford Health Hub is a multi-stage development on a site adjacent to the Lyell McEwin Hospital, a major tertiary hospital and the third largest public hospital in South Australia.
Stage 1 encompassing a retail precinct and multideck car park was completed in November 2021. Stage 2, being the $41.2m AUD specialist medical consulting building is under construction with completion of the building expected by mid 2024.
Master planning for the private hospital, being the third and final stage of the development, is underway with town planning submitted and approval expected late 2023.
Development Summary
As at 30 September 2023 Playford Health Hub – Stage 2 44 John Rice Avenue, Elizabeth Vale-
$41.2m AUD Development Cost
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Mid-2024 Forecast Completion Date
| Stage | Under Construction |
|---|---|
| Spend to Date | $33.2m AUD |
| Cost to Complete | $8m AUD |
| Forecast Income Return | 7.29% (Stabilised 3 year yield) |
| Sustainability Features | Targeting 6 Star Green Star rating |
