Sportsmed Hospital, Clinic & Consulting

Sportsmed Hospital, Clinic & Consulting

32 Payneham Road, Stepney

Sportsmed SA incorporates a state-of-the-art dedicated orthopaedic facility, including a clinic and adjacent consulting facility, and is the largest of its type in Australia. It is located in the suburb of Stepney approximately four kilometres north-east of Adelaide’s CBD, in South Australia.

With 13 dedicated orthopaedic surgeons, Sportsmed SA employs over 300 staff treating approximately 130,000 patients each year. The Hospital has five operating theatres, 45 individual private rooms and a four-bed High Dependency Unit. Associated with the Hospital is a two-level building known as the Sportsmed SA Clinic building comprising 29 consulting rooms, treatment rooms and a small procedure room. Adjacent to the clinic is a purpose-built consulting facility that is also fully leased to Sportsmed Hospital SA Pty Ltd and subleased to support services for the hospital including radiology provider, pharmacy and a cafe.

Property Summary

As at 30 June 2021 Sportsmed Hospital, Clinic & Consulting
32 Payneham Road, Stepney
  • $77.5m Market Value
  • 14.6yrs WALE
Asset class Hospital (Acute)
Occupancy 100.0%
Major tenant Sportsmed SA
Market capitalisation rate 5.3%
Sustainability Features 330kW Solar system. Recent LED light replacement in warehouse and clinic.