Centuria Healthcare Medical Development Fund No. 1

The Centuria Healthcare Medical Development Fund No. 1 (Fund) is an unlisted medical property development fund. The Fund aims to provide development returns to Investors through the acquisition of a 40% interest in two adjoining sites and the development of two multi-storey, multi-disciplined medical properties.

Fund summary
Fund commencement date April 2017
Fund term Ongoing
Status Closed for investment
Number of properties 2
Property value Approx $11.3 million (May ’19 valuation)
WALE (by income) n/a

 

Property Portfolio

52 Annerley Road, Woolloongabba, Qld
52 Annerley Road, Woolloongabba, Qld
Function A mix of operators across primary and secondary (day surgery, plastics, radiology, IVF, diagnostics) health sectors, as well as allied and ancillary sectors; (64) allocation of one full building to aged care/retirement living
64 Annerley Road, Woolloongabba, Qld
64 Annerley Road, Woolloongabba, Qld
Function A mix of operators across primary and secondary (day surgery, plastics, radiology, IVF, diagnostics) health sectors, as well as allied and ancillary sectors; (64) allocation of one full building to aged care/retirement living

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