UNDER CONTRACT. The Wakefield Hospital and Clinic is located in Adelaide’s coveted eastern CBD precinct and is a rare and strategic repositioning and redevelopment opportunity. It will appeal to the broader market, particularly medical, healthcare, retirement and residential apartment, retail and mixed use developers and investors seeking to repurpose or reposition the assets for ongoing use or redevelop for alternative use.

The offering provides one of South Australia’s most outstanding opportunities to secure a strategically placed healthcare asset, superbly located within the premier eastern precinct of Adelaide’s Central Business District. The locality forms part of a well-established mixed use precinct that includes numerous medical centres, specialists and clinics together with retail, food, entertainment and high quality residential apartments.

The combined freehold assets comprise two parcels. The primary site (an island site with street frontages to Wakefield Street, Hutt Street, Daly Street and Ifould Street) accommodates the hospital and clinic of some 15,852 sqm (GFA).

A secondary (adjacent) site located on the northern side of Ifould Street is currently compromised as an open lot car park with an adjoining Bluestone Villa providing valuable frontage to Flinders Street. Collectively, the sites provide a total site area of 8,712 sqm.

For sale by Expressions of Interest closingThursday 19 October 4pm.