Southbank Day Surgery, 24/38 Meadowvale Avenue,
South Perth, WA 6151

CBRE, in conjunction with Burgess Rawson WA, is pleased to offer to the market ‘Southbank Day Surgery’ South Perth WA for sale via Expressions of Interest.

The investment has the following key highlights:

+ Renewed Five (5) Year lease to February 2031 plus One (1) further Five (5) Year option 2036.
+ Nexus Hospitals: Established in 2013, Nexus Hospitals operates a national network of 22 hospitals nationally, partnering with medical specialists to deliver patient-centred day and short-stay elective surgeries in purpose-built settings, with a focus on key specialties such as ophthalmology, orthopaedics, and gastroenterology.**
+ Nexus Hospitals major shareholder Queensland Investment Corporation - QIC.
+ QIC: Established in 1991, QIC is a multi-national sovereign-owned Australian investment powerhouse, managing over $135.1B AUD for 120+ international clients (as at 30 September 2025).***
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all outgoings including management fees and single holding land tax as per the lease.
+ Annual CPI reviews.
+ Immaculate 1,554sqm* 6 theatre day hospital providing multidisciplinary surgical services focused on high-demand, short-stay procedures, including Ophthalmology, Dermatology and Mohs micrographic surgery, Oral & maxillofacial surgery and dental surgical interventions, General and plastic surgery, Paediatric surgical care ENT (otolaryngology) and pathology services, IVF-related surgical procedures.
+ Surrounded by important infrastructure including the Perth Zoo, Royal Perth Golf Club, Crown Casino, Optus Stadium, the WACA and 18 schools within a 3km* radius servicing 10,092 full time students.****
+ South Perth: Affluent inner-city suburb located 3km* from Perth CBD with median house prices growing over 11% to $2,000,000 in the past 12 months.*****
+ City of South Perth: home to 47,909 people, South Perth has 5,036 businesses supporting 16,560 jobs and has a Gross Regional Product of $2.65 billion.******
+ Net Income: $948,713 pa* + GST

For Sale via Expressions of Interest
Closing 2pm AEDT Wednesday 4 March 2026

*Approx
**Nexus Health
***QIC
****Gapmaps
*****Realestate.com
******City of South Perth Strategic Community Plan 2021-2031