Overview

The Centuria Heathley Direct Medical Fund No.1 is an unlisted property fund that has invested in a portfolio of direct medical properties throughout Australia. The portfolio consists of a very targeted mix of strategically located and well leased primary care based medical centres, specialist centres and small private hospitals in locations that have demographics supportive of an increasing demand for healthcare.

downloads

Information Flyer RG46 - Jun 2019 RG46 - Dec 2018
Type
Unlisted Property Fund
Status
Closed for Investment
Fund Commenced
November 2014
Fund Term
Up to 7 years
TypeUnlisted Property Fund
StatusClosed for Investment
Fund Commenced November 2014
Fund TermUp to 7 years

Fund Objectives

The Centuria Heathley Direct Medical Fund No.1 successfully acquired a portfolio of very specific medical properties valued at circa $130 million during its Investment Period which expired in June 2017. The Fund will hold the portfolio during the Portfolio Management Period where income and capital growth strategies will be applied.

Heathley have identified the medical property sector as a sound investment for the following key reasons:

The Fund will aim to provide investors with a consistent and reliable income stream derived from long-term leases to quality medical tenants and the opportunity for capital growth through active management. Returns are driven by non-discretionary demand and therefore provide resilient and less cyclical returns.

Providing scale of investment within a tightly held sector diminishes risk through diversification of tenants, properties and services, whilst enhancing potential exit strategies.

Fund Summary

Property Portfolio


87-89 Langtree Avenue, Mildura VIC - Medical Centre

574 Melton Highway, Sydenham VIC - Medical Centre

Lots 2-6 & 9-10, 956 Gympie Road, Chermside QLD - Medical Centre and Day Hospital

1 Derby Street, Kogarah NSW - Day Hospital

2 Clarkshill Road, Secret Harbour WA - Medical Centre

52 Pendlebury Road, Cardiff NSW - Medical Office

57 Norris Road, Mount Pleasant QLD - Private Hospital

74-86 Channon Street, Gympie QLD - Private Hospital

95 Alexander Drive, Highland Park QLD - Medical Centre

196 Hall St, Spotswood VIC - Medical Centre

1220 Sandgate Rd, Nundah QLD - Medical Centre

295 Kingston Road, Logan Central QLD - Medical Centre

18 Civic Blvd, Rockingham WA - Medical Centre

306 Olsen Avenue, Parkwood QLD - Medical Centre

More Information

Please fill in your details and we will be in contact to provide you with further information
  • This field is for validation purposes and should be left unchanged.