Long-term Ramsay lease underpins Figtree Hospital sale
Figtree Private Hospital is for sale. It is leased to Ramsay Health Care until 2035. It earns over $1.55 million yearly.
Figtree Private Hospital is a 58-bed rehabilitation and aged care facility near Wollongong that has been listed for sale. The property is fully leased to Ramsay Health Care until 2035.
Ramsay is Australia's largest private hospital operator. The tenant pays all costs.
The lease generates net income of more than $1.55 million per year. Ramsay has run the Figtree facility for over 40 years.
The facility offers neurological rehabilitation and aged care services. The sale shows strong demand from investors for healthcare real estate.
Major operators back these investments. Australia's aging population is driving demand for rehabilitation and aged care.
The property sits 4 kilometres from Ramsay's larger Wollongong Private Hospital.
- over $1.55 million
- Annual net income
- 58 ensuited rooms
- Bed capacity
- until 2035
- Lease term
- more than 40 years
- Ramsay operating history
Why it mattersHealthcare property investments backed by major operators are popular with investors. They seek stable long-term income. Demand for aged care is growing.
AustraliaThe sale demonstrates investor appetite for healthcare assets in regional NSW and shows how private operators like Ramsay are expanding rehabilitation capacity near major population centres.
