Hirondelle Private Hospital, Wyvern Avenue 4, Chatswood, NSW 2067

JLL is proud to exclusively present for sale Hirondelle Private Hospital and Toronto Private Hospital , two high quality healthcare assets offering long-term secure cashflows. This unique portfolio provides an exceptional opportunity to rapidly expand and achieve immediate scale, in a tightly held market supported by a long-term Weighted Average Lease Expiry (WALE) of 18.5 years*.Offering cashflows underpinned by Aurora Healthcare and Medibank's Amplar Health, the properties are backed by some of Australia's strongest healthcare covenants. 

Hirondelle Private Hospital is a two-level recently refurbished mental health facility located in the northern Sydney suburb of Chatswood, NSW. The hospital was most recently refurbished in 2023 and comprises a lower level with two wings and 33 beds, with the upper level comprising 12 beds. The hospital has been an essential part of the local community for over 60 years.

•Prime metro location in Sydney's premium Lower North Shore
•Triple net lease to blue chip hospital operator, backed by ASX listed entity
•Defensive income profile with long term security through 18-year WALE *
•Significant refurbishment completed in 2024 for a 45-bed Mental Health service
•Significant value add potential through potential future expansion
•Substantial underlying land value with 5,178sqm* site area in Chatswood

Hirondelle Private Hospital is being offered individually or in one line via Expressions of Interest closing Thursday 30th May 2024 at 2pm (AEST). 

Link to Toronto Private Hospital - https://invest.jll.com/au/en/listings/healthcare/toronto-private-hospital 

*Approx