Mackay Private Hospital - 57 Norris Road, Mount Pleasant

57 Norris Road Mount Pleasant, QLD Australia 4740
Asking Price Contact for pricing
Area Size
NOI Net Operating Income


Year Built 1970
Building Area Net
Land Area Net ()
Rentable Area
Occupancy 100.0 %

Asset Description

JLL and Cushman & Wakefield are pleased to present for sale Mackay Private Hospital, a comprehensive mental health and rehabilitation facility in the city of Mackay. The Private Hospital provides a total of 34 beds and delivers a comprehensive range of inpatient services supported by the latest technology and access to allied health services. 

Investment Highlights

  • Purpose-built Private Hospital fully leased to national operator Aurora Healthcare
  • Strategically located alongside two significant seniors living facilities being Carlyle Gardens and Bolton Clarke’s Breezes
  • Exceptional Lease Covenant - fully leased to the national mental health & rehabilitation operator Aurora Healthcare (formerly Healthe Care), with 16 private hospitals and community services across Australia
  • Total Net Lettable Area of 3,445 sqm*
  • Passing Net Income of $921,000 pa* (as at 1 May 2022)
  • 4.1 year WALE (by Income)
  • Fully equipped with 26 rehabilitation beds, 8 mental health beds, a hydrotherapy pool and extensive in- and outpatient programs
  • Benefitting from the government’s historic 2021-22 budget of $2.3 billion into mental health and suicide prevention

The asset is For Sale via Expressions of Interest closing Thursday 2 June 2022 at 2pm (AEDT/AEST).

Mackay Private Hospital is available individually or as part of the National Healthcare Portfolio. The Portfolio includes 9 securely leased medical assets across four states, with a combined net income of $7.32 million, and anchored by a range of blue chip national medical tenants such as Aurora, Nexus Day Hospitals, ForHealth, St Vincents and IPN Medical Centres.

The Portfolio includes:

  • Kogarah Private Hospital, 1 Derby Street, Kogarah NSW
  • Chermside Medical Complex, Lots 2-6 & 9-10, 956 Gympie Road, Chermside QLD
  • IPN Logan Central, 295 Kingston Road, Logan Central QLD
  • IPN Forest Lake, 7 High Street, Forest Lake QLD
  • Mackay Private Hospital, 57 Norris Road, Mount Pleasant QLD
  • Gympie Private Hospital, 74-86 Channon Street, Gympie QLD
  • Modern Medical Spotswood, 196 Hall Street, Spotswood VIC
  • St Vincent's Specialist Centre, 574 Melton Highway, Sydenham VIC
  • Rockingham Medical Centre, 18 Civic Boulevard, Rockingham WA
Last Updated Date: 16 Aug 2022

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Last Updated Date: 16 Aug 2022

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