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$32.5 million acquisition of a major healthcare facility in Melbourne’s north-east.
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Long-term lease to ASX-listed Healius Limited until 2033.
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Recently refurbished with over $20 million in upgrades.
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Anchored by key tenants: ForHealth (GP), Adora Fertility, Lumus Radiology.
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Expanding TPA’s healthcare portfolio across Australia.
FOR IMMEDIATE RELEASE
The Property Advisory acquires $32.5 million Greensborough Medical & Day Hospital
Melbourne, Australia — The Property Advisory (TPA) has completed the $32.5 million acquisition of the Greensborough Medical & Day Hospital, a landmark healthcare facility located in Melbourne’s north-east.
The acquisition strengthens TPA’s focus on resilient, income-generating healthcare real estate assets and reflects the group’s disciplined, thematic investment strategy.
The fully refurbished facility is leased to ASX-listed Healius Limited (ASX: HLS) under a long-term agreement until 2033 and accommodates leading healthcare providers including ForHealth, Adora Fertility, and Lumus Radiology.
This strategic acquisition adds to TPA’s growing healthcare portfolio, underlining its commitment to long-term, stable income investments backed by strong demographic and social fundamentals.
About us:
About The Property Advisory
The Property Advisory (TPA) is a Melbourne-based real estate funds management and syndication group, specialising in high-quality, income-generating social infrastructure assets across Australia.
With over $450 million in assets under management, TPA’s disciplined investment approach focuses on sectors supported by long-term demographic and social trends, including healthcare, childcare, and commercial property.
Contact details:
The Property Advisory (TPA)
E: [email protected]
P: +61 (03) 9690 1888
W: www.thepropertyadvisory.com