Riverina Day Surgery, 2-6 & 8 Meurant Avenue, 7 Chaston Street, Wagga Wagga, NSW, 2650

Knight Frank Australia is pleased to present for sale 2-6 and 8 Meurant Avenue, and 7 Chaston Street, Wagga Wagga, New South Wales.

Tenanted by Cura Day Hospitals under a whole of land net lease and trading as Riverina Day Surgery, the offering consists of 3 parcels in the centre of Wagga Wagga’s medical precinct to be offered in one line.

2-6 Meurant Avenue serves as the primary Riverina Day Surgery facility and comprises a modern, 1,445sqm NLA 3-theatre day surgery facility completed in 2014, with 12 x stage 1 recovery beds and 10 x stage 2 recovery chairs and associated areas plus the Riverina’s only IVF Laboratory.

7 Chaston Street and 8 Meurant Avenue each offer 2 x 3 bedroom residences on 702 sqm lots and combine to provide a cross-block holding for future expansion, if required.

Cura Day Hospitals are one of Australia’s leading providers of day procedures with 39 locations nationally, and are majority owned by global private equity powerhouse Intermediate Capital Group with co-ownership from operating Doctors and senior management.

Key Investment Highlights of this opportunity include:

-10-year Lease in place expiring February 2034 plus 10 Year Option;

- Net Passing Income $853,528 p.a. plus GST*

- Established, high-performing, modern Day Surgery completed in 2014

- CPI-linked review mechanism (2.5% floor / 5% cap);

- Net Lease Structure with the Tenant responsible for outgoings including land tax, repairs and maintenance;

- 1,445sqm Net Lettable Area with 27 ongrade carparks (1:56sqm);

- Modern Day Surgery configuration including 3 x operating theatres, 12 x Stage 1 recovery beds, 10 x Stage 2 recovery chairs, IVF laboratory, patient and administration areas;

- Diversified casemix with multiple Specialties including Gastroenterology, Ophthalmology, General Surgery, Gynaecology, Orthopaedic, Urology, IVF, Oral & Maxillofacial plus others

- Centrally located in the heart of Wagga Wagga’s medical precinct, adjoining Docker Medical Centre, in close proximity to Calvary Riverina Private Hospital (250m*) and the Wagga Wagga Base Hospital (350m*) which has recently undergone $431m expansion;

- Multiple value-add angles through either expansion and further development, or potential divestment of residential components

- Wagga Wagga is the heart of the Riverina region, with a diversified local economy servicing a catchment of over 174,000 residents (profile.id 2026)

*Approximate, as at 1 June 2026

Riverina Day Surgery is a compelling, defensive healthcare investment in one of Australia’s largest inland centres and is available for purchase via Expressions of Interest Closing at 3pm (AEST) on Wednesday, 17th June 2026.

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