Centuria Healthcare Medical Development Fund No. 3

The Centuria Healthcare Medical Development Fund No. 3 (Fund) is an unlisted single medical property development fund. The Fund aims to provide development returns to Investors through the acquisition of “raw” land, obtaining full development and planning approval for the development of a specialised four-storey medical property, pre-leasing the property to a major healthcare property user and utilising a Fund-through Buyer to fund the construction.

Fund summary
Fund commencement dateJuly 2017
Fund termOngoing
StatusClosed for investment
Number of properties1
Property valueApprox $5 million (land acquisition)
WALE (by income)n/a

 

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