Palladium Private, 67 McCarthy Road,
Maleny, QLD 4552

Knight Frank is pleased to present Palladium Private Maleny, a mental health facility located within the renowned Sunshine Coast Hinterland and offered for sale with a 20-year leaseback in place plus 4 x 5 year options.

The facility has recently been expanded and refurbished, offering accommodation for up to 24 guests, a 25-metre swimming pool, spring-fed magnesium pool, steam room, gym, therapy rooms and both indoor and outdoor healing spaces.

The property is wholly tenanted by Sana Health Group, which is a portfolio company of Genesis Capital, a leading Australian mid-market healthcare investor.

67 McCarthy Road, Maleny is located on an 8.14 ha* site within the Sunshine Coast Hinterlands. The land holds substantial potential for future development with existing development approval for further expansion of group therapy and recreational areas.

*Approx
Outlines indicative only

Key Investment Highlights of this opportunity inlcude:

- 20-year leaseback to PE-backed tenant with multiple locations across the Eastern seaboard;

- Sustainable, commercial leaseback rates and CPI-linked review mechanism;

- 4 x 5 year options;

- Triple-net lease structure with the Tenant responsible for all outgoings and non-structural R&M;

- The client cohort includes clients who receive support to attend from DVA, with Veterans comprising over 5.5% of the local population^;

- Proven B2C, self-referral model mitigates against risk of relying on Psychiatric and clinical specialist referrals;

- Significant onsite infrastructure, with recent expansion from 18 to 24 beds;

- Existing development approval for further expansion of group therapy and recreational areas;

- Accessible location with proximity to the Sunshine Coast airport with direct flights to cities across Australia and New Zealand;

^Source: Profile ID, 2024

67 McCarthy Road, Maleny is For Sale with a guide price of $10,000,000 via Offers to Purchase Closing Thursday 17th October at 4pm (AEST). The Vendor retains the right at their ultimate discretion to accept or decline any bid at any time.