Archives: Victorian Health, Aged and Child Care

The CBRE Victorian Health, Aged and Child Care team have established a leading position in our specialised market. We achieve this through the strength of our teamwork and client focus as well as our access to and knowledge of emerging markets and trends.

We provide our clients with greater exposure to local, national and international global networks, unearthing more buyers and generating more enquiry, ultimately creating more competition to achieve premium prices for our vendors.

17.04.2019

First Victorian hospital sale of the year fueled by upcoming election

A private investor has listed Chesterville Day Hospital in Melbourne’s Cheltenham for sale, piquing the interest of healthcare investors looking to secure an established hospital asset. CBRE agents Josh Twelftree, Sandro Peluso and Jimmy Tat have been exclusively appointed to negotiate the sale, which represents the first Melbourne hospital to hit the public market this…

08.04.2019

Barwon acquires medical centre in Melbourne’s western region

Property fund Barwon Investment Partners has acquired a new strata medical centre for $8.2 million in the heart of Cedar Woods’ Williams Landing town centre. The site at 111 Overton Road features 1,520sqm of net lettable ground floor area and is fully leased to Cornerstone Health, a national medical operator. Still under construction, the property…

05.04.2019

Inner-Melbourne childcare centre sale tips $10m

A South Melbourne childcare asset, owned by local developer Melinda Cohen, has sold for $10.25 million. The deal represents a sales rate of $85,415 per child and is the only child care centre to have sold within 1.5km of the Melbourne CBD in the past five years. CBRE’s childcare specialists Sandro Peluso, Josh Twelftree and…

20.03.2019

Will Mortgage Stress Increase Demand For Child Care Services?

With demand for child care services poised to reach equilibrium once again within the next 6-12 months, the CBRE Child Care team inclusive of Sandro Peluso, Josh Twelftree & Jimmy Tat are confident that mortgage stress will play an additional role in rising occupancy prospects and investor appetite for the sector. At the conclusion of…

12.03.2019

Blue chip medical investment listed in Victoria’s premier healthcare hub

A fully leased North Melbourne medical centre is poised to capture the attention of healthcare investors when it hits the market in the coming weeks. The Level 1, 33 Flemington Road centre is situated in Melbourne’s biggest medical hub, just 1.5km from the CBD, offering substantial exposure to passing vehicle and foot traffic. CBRE agents…

04.03.2019

A medical professional’s dream in Melbourne’s east

Australian REIT, Charter Hall, has listed a vacant medical centre for sale in the heart of The City of Whitehorse – a move that is expected to attract substantial interest from the healthcare owner occupier market. CBRE’s healthcare team, encompassing Josh Twelftree, Sandro Peluso and Jimmy Tat, is marketing the established medical facility at 529…

27.02.2019

CBRE’s child care team lists second Guardian Early Learning centre in a week

A brand new child care centre, in one of Victoria’s most desirable investment locations, is set to go under the hammer at CBRE’s Premium Property Portfolio Auction. Located at 50-52 Blackburn Road, Blackburn, the property is leased to one of the Australia’s largest child care operators, Guardian Early Learning, which operates over 100 centres nationally.…

22.02.2019

Guardian Leased Child Care Centre 1.5km* To The Melbourne CBD Hits The Market

A South Melbourne child care centre is up for sale – representing the only childcare investment opportunity within three kilometres of the Melbourne CBD to hit the market in the past five years. CBRE’s premium child care specialists Sandro Peluso, Josh Twelftree and Jimmy Tat have been exclusively appointed to market the investment property at…

13.02.2019

Premium childcare offering to bring buyers to Byford

A state-of-the-art child care centre, leased to national operator Green Leaves Early Learning, has hit Perth’s commercial property market and is expected to fetch circa $5 million.

CBRE’s Sandro Peluso, Josh Twelftree, Jimmy Tat, Richard Cash and Michael Milne have been appointed to market the premium facility located at 125 Kalyang Loop, Byford, which occupies a 1,906sqm land holding.

Green Leaves Early Learning, which currently operates 21 centres across the country, holds a licence for 128 places and is committed to a new long-term lease of 20 years with a further option to extend.

07.02.2019

Brand new medical centre listed for sale in Williams Landing

A brand new medical centre in the heart of Cedar Woods’ highly touted Williams Landing town centre is poised to hit Melbourne’s commercial property market and fetch circa $8 million.

Slated for completion in April 2019, the 1520 sqm medical centre at 111 Overton Road is situated on the ground floor of a commercial office building and pre-leased to a subsidiary of the national medical company Cornerstone Health Pty Ltd – trading as ‘Our Medical Home’. Cornerstone Health is led by CEO Henry Bateman, who brings with him almost two decades of experience managing a national medical operator, gained when overseeing the expansion of Primary Healthcare in his former role.

04.02.2019

Heidelberg sale signals heightened demand for healthcare property market

An off-the-plan, strata medical centre within the Heidelberg medical precinct has sold to an owner-occupier for more than $3 million.

The 425 sqm* medical centre will occupy the ground floor of the brand new, premium residential tower Martin & Powlett at 9-11 Martin Street, with construction of the project expected to commence in February 2019.

12.12.2018

Hamton snares Healthscope’s Cotham Private Hospital site in Kew

The former Cotham Private Hospital in Kew has been earmarked for a significant residential development following its sale to prominent local developer Hamton.

Private healthcare operator Healthscope listed the prominent Cotham Road site for sale following the hospital’s recent closure.

CBRE’s Sandro Peluso, Julian White, Josh Twelftree and Jimmy Tat negotiated the deal with Hamton in conjunction with transaction manager Dan Magree of Magree Property Advisory.

Mr Peluso said the highly competitive campaign had resulted in one of the most notable healthcare property transactions of 2018.

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