Sportsmed Office32 Payneham Road, Stepney
Sportsmed Office is located in the suburb of Stepney approximately four kilometres north-east of Adelaide’s CBD, in South Australia. It is adjacent to Sportsmed SA hospital which incorporates a state-of-the-art dedicated orthopaedic facility and is the largest of its type in Australia.
Sportsmed SA Office houses the administration and executive offices which support the hospital. It is a two-storey building with medium-term redevelopment potential to support clinical growth of the hospital.
Property SummaryAs at 31 December 2020 Sportsmed Office 32 Payneham Road, Stepney
$5.0m Market Value
|Asset class||Medical Office Building|
|Major tenant||Sportsmed SA|
|Market capitalisation rate||6.0%|