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Epping Healthcare is approximately 18 km from the Melbourne CBD, opposite the Northern Hospital in Epping, one of Melbourne’s largest public hospitals, in a rapidly growing medical precinct. The Property is 100% leased with an 8.7-year WALE as at 1 December 2023. Operators within the Property provide both public and private health care services, and the major tenants include Northern Health, GenesisCare, i-Med, Sonic Healthcare (trading as Melbourne Pathology), Family Doctor and DPV Health.
Following the completion of a $49.3 million equity raising, KM Property Funds is pleased to announce the successful acquisition of the Epping Hospital and Medical Centre.