Peninsula Private Hospital is 100% leased and operated by Healthscope, Australia’s second largest private healthcare provider and specializes in orthopaedics, ophthalmology, gastroenterology, urology, and rehabilitation services. The hospital consists of a single-level building configured into three wards: the medical ward, the rehabilitation ward, and the surgical ward. There are currently 70 inpatient beds, 2 operating theatres and 185 car at-grade parking bays. The asset is undergoing a major, ~$50m expansion project, including four additional theatres, stage 1, 2 & 3 recovery, new CSSD, support services and conversion of multi-bed rooms into single rooms with ensuite. The project is due for completion in late 2025.

Peninsula Private Hospital is located in Kippa-Ring, 2 km west of the Redcliffe town centre and 27 km northeast of the Brisbane Central Business District. The surrounding development comprises a mix of low-density residential use, commercial and large-format retail uses. Redcliffe hospital is located 1 km east and there are multiple aged acre facilities adjoining the western boundary of the site; Regis Lodges on George (132 beds) and Beaumont Care (80 beds). The site is well serviced by public transit with bus services along George Street on the northern boundary and Kippa Ring Railway Station 900 north-west.