Pacific Private Clinic

119-123 Nerang Street, Southport, QLD

Pacific Private Clinic is a multi-tenanted facility providing a broad range of clinical services including General Surgery, Oncology, Ear Nose and Throat, as well as other on-site services such as Pathology and Diagnostic Imaging. It is a high profile facility strategically located on the main road in Southport, in a designated health precinct. Half of the facility income is secured by Australia’s second largest hospital owner/operator, Healthscope Group. The premise is well presented over seven floors with high quality tenant fitouts.

Key facts
Description Surgical and medical office building
Ownership 100%
Ownership type Freehold
Built 2000
Book value $33.2 million
Capitalisation rate 8.25%
Major tenant(s) Healthscope Limited
Number of tenants 20
WALE 3.3 years
Site area 3,723 sqm
NLA 7,955 sqm
Occupancy 92.7%
Car parks 227
Rental reviews Combination of CPI, fixed and market reviews
Proposed development stages

Contact details

Asset Manager
Jonathan Greenwood
T +61 3 8656 1054
M +61 422 815 683
Email Jonathan Greenwood
Property Manager
Rebecca Moore - CBRE
T +61 7 5581 2055
Email Rebecca Moore