Press Release
Day hospital asset in Monash Health Precinct hits the market
Melbourne
Media Contact
Senior Communications Specialist, Australia
The opportunity to acquire a day hospital and consulting hub within the Monash Health Precinct is expected to attract interest from investors and operators looking for patient‑ready capability and the ability to quickly scale services.
Located at 252–256 Clayton Road, Clayton, the asset is positioned within one of Australia’s most concentrated healthcare precincts anchored by Monash Health Public Hospital, Jessie McPherson Private Hospital, Monash Children’s Hospital and Monash House Private Hospital.
CBRE’s Australian Healthcare & Social Infrastructure team of Sandro Peluso, Marcello Caspani-Muto, Kai Wang and Jimmy Tat have been appointed to manage the sale.
Mr Peluso said, “Positioned within metres of the future Suburban Rail Loop ‘super hub’ at Clayton, this asset is set to benefit from a step‑change in accessibility and amenity as the station links the Cranbourne/Pakenham and Gippsland lines to the orbital network. For operators and investors alike, that translates to deeper catchments, easier staff and patient access and genuine long‑term upside as the SRL precinct plan takes effect.”
The value of the existing improvements to the asset coupled with the prime healthcare hub location are expected to be the main value drivers of value.
Mr Tat added, “Opportunities to secure a turnkey day hospital in the Monash medical precinct are exceptionally scarce. Given the step‑change in construction costs and the time required to deliver compliant facilities, we are fielding enquiries from operator groups and private capital who value immediate patient‑ready capability and the ability to scale services quickly.”
With over 2,000sqm of building areal, the modern purpose‑built day hospital is configured over two levels with 17 beds and 11 recliner chairs.
Clinical areas incorporate three operating theatres and recovery bays supported by specialised former IVF laboratories, together with well‑appointed consulting suites and administrative accommodation designed to optimise patient flow and staff efficiency.
Adding to investor appeal is approximately 3,000sqm of underlying Residential Growth Zoned landholding and parking for approximately 85 vehicles.
Fronting Clayton Road, the asset has prominent main road exposure and immediate connectivity to public transport, while its doorstep proximity to Monash Medical Centre and adjoining private hospitals underpins exceptional referral networks and operational synergies for an incoming operator.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.