72 Phillip Street, Thirroul, NSW, 2515

CBRE Australian Healthcare & Social Infrastructure are pleased to exclusively present 72 Phillip Street, Thirroul NSW for sale.

Positioned in one of coastal New South Wales’ most desirable and tightly held suburbs, this offering represents a rare opportunity to acquire a modern, fully refurbished healthcare facility with vacant possession. Opportunities of this scale and quality, particularly in an elevated, prime high-side position with expansive ocean and views, are seldom brought to market, enabling immediate repositioning, adaptive re use, or comprehensive redevelopment.

Benefitting from close proximity to Wollongong and Woonona, together with excellent transport connectivity, the property is ideally suited for a state of the art healthcare, seniors living, wellness, or accommodation offering.

Formerly operating as a renowned rehabilitation and mental health clinic, the facility provides significant existing improvements including single rooms with private ensuites, extensive communal amenities (gymnasium and swimming pool), and a substantial 7,632sqm* underlying landholding. This combination of high grade built form and coastal land value underpins strong appeal to both owner occupiers and value add investors, offering immediate occupation potential and long term strategic redevelopment flexibility

Overview:

+ Offered with vacant possession and highly suited to Aged Care, Seniors Living, Healthcare or accommodation users (STCA)

+ Favourable R2 Low Density Residential zoning permitting a broad range of uses including multi-dwelling housing, residential flat buildings, seniors housing, health consulting rooms and hospitals (STCA)

+ Benefits from Housing SEPP density and height uplift bonus for seniors living outcomes (subject to approval)

+ Significant coastal landholding of approx. 7,514sqm, providing a strong street presence and enabling efficient vehicle access, patient drop off, and on site parking configurations

+ Substantial existing improvements, including single rooms with private ensuites, allowing immediate operational use or seamless re purposing

+ Highly functional building layout comprising multiple wings, hospital sized lifts, communal spaces and defined circulation paths, supporting efficient workflows and enabling operational separation

+ Extensive on-site wellness spaces including a gymnasium and swimming pool, suitable for physiotherapy, hydrotherapy, rehabilitation programs and lifestyle-based healthcare services

Location:

+ Located within a premium coastal suburb underpinned by a high socio economic profile and average median house prices of $1,900,000, reflecting strong local demand drivers for quality healthcare, seniors living and lifestyle oriented services

+ Supported by well developed surrounding infrastructure, including high quality schools, community services and essential amenity—further strengthening suitability for healthcare, social infrastructure, lifestyle accommodation or integrated wellness offerings

+ 13km* north of Wollongong and 73km* south of Sydney, offering an exceptional blend of lifestyle amenity, natural surrounds and strategic connectivity

+ Surrounded by major healthcare infrastructure, with multiple hospitals located within a 10 minute drive, including:

• Bulli Hospital & Aged Care Centre (2.4km*) - offering urgent care and community health services

• Coledale Hospital (4.8km*) - specialising in aged care and dementia services for the northern Illawarra

• Wollongong Hospital (major tertiary public hospital) (12km*) - providing emergency, ICU, surgical, maternity and specialist services.

• South Coast Private Hospital – a leading private mental health and medical facility.

• Wollongong Private Hospital & Wollongong Day Surgery - offering surgical, medical and specialist care services.

+ A strong seniors and ageing demographic, with adults aged 65+ representing approximately 21.1% of the population

+ The Thirroul population boasts a median weekly household income of $2,281/week, significantly higher than the NSW average, indicating relatively affluent residents

+ Excellent transport connectivity, with Thirroul Railway Station offering direct rail links to Wollongong and Sydney, enhancing accessibility for both local and regional catchments.

+ Convenient access to the Princes Highway, enabling efficient north–south road movement throughout the Illawarra and Greater Sydney regions, critical for healthcare logistics, staff access and regional visitation

For sale via international expressions of interest closing Wednesday 1st July at 2:00pm (AEST)

For further information, please contact the exclusive sales and marketing agents:

Sandro Peluso

+61 418 389 757

Marcello Caspani-Muto

+61 417 065 777

Alex Mirzaian

+61 400 523 523

*Approx.

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