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Epworth Freemasons Private Hospital (Clarendon Street)

166 Clarendon Street

MelbourneVictoria3002

Australia

Epworth Freemasons Private Hospital (Clarendon Street) is a purpose-built multi-level private hospital. The hospital has been extensively refurbished and redeveloped, most recently in 2020 which added an 11 level tower, comprising beds, theatres, dedicated oncology, parking and more. The hospital is 100% leased to Epworth Foundation, Victoria’s (Australia) largest not-for-profit private health care group. The hospital comprises 188 in-patient beds, all with ensuite bathrooms and provides acute treatment, rehabilitation and allied health services. The hospital also has a 16 bed day surgery, cancer center with 20 dedicated oncology chairs, an ICU, consulting rooms, retail areas, medical imaging, clinical trials and a research center. There are 409 car parking bays across eight basement parking levels.

The hospital is located in East Melbourne, 2kms from the Melbourne Central Business District. The surrounding area comprises health infrastructure, commercial buildings and medium to high density residential uses. Epworth Freemasons Private Hospital & Medical Centre (Victoria Pde), also owned and managed by Northwest is 200m north-west and the St Vincent’s Hospital (Public & Private) is 800m north-west of the hospital. The hospital is extremely well serviced by public transit with tram & bus services heading east and west of the asset and North Richmond, West Richmond and Jolimont Railway Station all within 500 metres of the site.

City
Melbourne, VIC
Asset Type
Hospital / Health Care Facility
Title
Freehold
Fund
Galaxy JV (AU)
Ownership Interest
30%
Year Built | Renovated
2020
Site Area
98,737 SQ FT | 9,173 SQM
GLA
218,615 SQ FT | 20,310 SQM
Occupancy
100%
WALE (yrs)
24.3
Tenants
1
Major Tenant
Epworth Healthcare
Beds
188
Theatres
12
Anna Welling
Property Manager
Anna.Welling@nwhreit.com