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Knight Frank are pleased to present for sale the Murray Medical Complex, located at 34-36 Minilya Parkway, Greenfields, WA.
Nestled in the heart of Greenfield’s thriving healthcare precinct, Murray Medical Complex adjoins the Peel Health Campus, anchored by a 206-bed general public hospital currently undergoing a $152m redevelopment.
The key investment attributes of the Murray Medical Complex are as follows:
· 1,979.5 sqm* Net Lettable Area
· Estimated Net Income of $1,141,002 p.a.* plus GST
· 4.0* Year WALE
· 100% occupied by 6 tenants including GP, Pharmacy, Radiology, Cardiology, Gynecology and Sleep Apnea Clinic
· 6,295 sqm freehold corner site with high exposure
· Adjoins 206-bed Peel Health Campus, a public general hospital currently undergoing a $152m development
· Low site coverage – 31.4%
· 104 on-grade car bays (1:19sqm)
*Approximately, as at 1 July 2025
Murray Medical Complex boasts a diverse range of medical specialties including a high performing 17 room General Practice, Cardiology, Radiology and Gynecology, complimented by a large format pharmacy and sleep apnea clinic all catering to a wide patient base.
The high-profile corner site provides easy accessibility into the asset with convenient and abundant on-grade parking available. This accessibility supports the strong performance of the tenants, in particular the GP and Pharmacy business. Surrounding developments include Mandurah Community Health Centre, Mandurah Specialist Centre and an adjacent quick service retail and medical facility anchored by McDonald’s, Ampol, GenesisCare and Advara Heartcare.
The City of Mandurah’s population growth has outperformed the greater Perth region, growing by 3.62% in 2024 with the over 50-cohort significantly overrepresented (Profile.ID). The overrepresentation of the older demographic ensures strengthening need for healthcare services in future years.
Murray Medical Complex is offered for sale by Expressions of Interest closing 2:00pm WST on Thursday, 19th June 2025.
For further information please contact the marketing agents.
Remember to mention you found this property on CommercialReady
Knight Frank are pleased to present for sale the Murray Medical Complex, located at 34-36 Minilya Parkway, Greenfields, WA.
Nestled in the heart of Greenfield’s thriving healthcare precinct, Murray Medical Complex adjoins the Peel Health Campus, anchored by a 206-bed general public hospital currently undergoing a $152m redevelopment.
The key investment attributes of the Murray Medical Complex are as follows:
· 1,979.5 sqm* Net Lettable Area
· Estimated Net Income of $1,141,002 p.a.* plus GST
· 4.0* Year WALE
· 100% occupied by 6 tenants including GP, Pharmacy, Radiology, Cardiology, Gynecology and Sleep Apnea Clinic
· 6,295 sqm freehold corner site with high exposure
· Adjoins 206-bed Peel Health Campus, a public general hospital currently undergoing a $152m development
· Low site coverage – 31.4%
· 104 on-grade car bays (1:19sqm)
*Approximately, as at 1 July 2025
Murray Medical Complex boasts a diverse range of medical specialties including a high performing 17 room General Practice, Cardiology, Radiology and Gynecology, complimented by a large format pharmacy and sleep apnea clinic all catering to a wide patient base.
The high-profile corner site provides easy accessibility into the asset with convenient and abundant on-grade parking available. This accessibility supports the strong performance of the tenants, in particular the GP and Pharmacy business. Surrounding developments include Mandurah Community Health Centre, Mandurah Specialist Centre and an adjacent quick service retail and medical facility anchored by McDonald’s, Ampol, GenesisCare and Advara Heartcare.
The City of Mandurah’s population growth has outperformed the greater Perth region, growing by 3.62% in 2024 with the over 50-cohort significantly overrepresented (Profile.ID). The overrepresentation of the older demographic ensures strengthening need for healthcare services in future years.
Murray Medical Complex is offered for sale by Expressions of Interest closing 2:00pm WST on Thursday, 19th June 2025.
For further information please contact the marketing agents.
Remember to mention you found this property on CommercialReady
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