Colliers Healthcare & Retirement Living is proud to act as the sole and exclusive agent for the Vendor, for the divestment of the 100% freehold interest of Varsity Lakes Day Hospital situated at 2 Lake Street, Varsity Lakes on the Gold Coast.

The property presents an extremely rare opportunity to invest into one of the most sought-after sectors in Australia, healthcare. With high barriers to entry limiting new entrants in a tightly held sector to have such an asset come to market is unique.

The property is anchored by Queensland Health, funded by the Queensland State Government, and provides for a range of surgical and support services operating out of 6 theatres and 24 consultancy rooms (originally 24 day beds). Varsity Lakes is an affluent suburb of the Gold Coast with the property well located to complementary amenity including the world-renowned Bond University, Opal Aged Care, Mackenzie Aged Care and approximately 12 kilometres south of the Gold Coast CBD.

Varsity Lakes Day Hospital is to be sold by way of Expressions of Interest closing 21 October 2021 at 2pm.

Healthcare investments have outperformed traditional asset classes year on year, with a particular acceleration of heightened return profiles during 2020. Furthermore, assets anchored by Queensland Health infrequently arise for third party ownership and as such, Varsity Lakes represents a significant investment opportunity on a greatly de-risked basis.