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Epworth Geelong

1 Epworth Place, Waurn Ponds

MelbourneVictoria3216

Australia

Epworth Geelong Hospital is an eight-level, purpose-built private hospital completed in 2016. The hospital is 100% leased to Epworth Foundation, Victoria’s (Australia) largest not-for-profit private health care group and provides 170 operational beds. It also features an emergency department, 12-bed ICU, eight bed coronary care unit, 11 operating theatres, two endoscopy rooms, two catheter laboratories, day oncology unit and renal dialysis unit. There is significant car parking provided on-site, via combination of a multi-level basement and at-grade parking for 606 bays. Significant land holdings to the west are held for future expansion opportunities.

Epworth Geelong is located within the suburb of Waurn Ponds, 7 kilometres south-west of the Geelong Central Business District and 75 kilometres south-west of the Melbourne Central Business District. With a population of >300,000 people, Geelong is the second largest city in Victoria. Deakin University, a major educational facility adjoins the property to the south and supports education and training initiatives with the hospital. The site is well serviced by public transit with direct bus services into the campus and Waurn Ponds Railway Station 2.5kms south. Access to the Princess Highway and Geelong Ring Road are within 700m, providing access by car into the Geelong CBD and Melbourne CBD respectively.

City
Melbourne, VIC
Asset Type
Hospital / Health Care Facility
Title
Freehold
Fund
Galaxy JV (AU)
Ownership Interest
30%
Year Built | Renovated
2016
Site Area
476,734 SQ FT | 44,290 SQM
GLA
106,799 SQ FT | 9,922 SQM
Occupancy
100%
WALE (yrs)
16.5
Tenants
1
Major Tenant
Epworth Foundation
Beds
170
Theatres
11
Anna Welling
Property Manager
Anna.Welling@nwhreit.com