Real Estate Development
GOSFORD Private Medical Suites
12 Jarrett Street, Gosford, NSW, Australia
DC CAPITAL Role - Principal Investor and Development Manager
A state of the art, purpose built 2,261m2 medical centre adjacent to the Gosford Private Hospital, the largest private hospital on the Central Coast of NSW. Developed successfully and sold to Australian Unity Healthcare Property Trust, one of Australia’s leading healthcare property investors.
Investment Summary
| Sector | Medical |
| Investment Structure | Private Trust |
| Investment Term | Open Ended |
| Exit Strategy | Develop to hold long term with majority vote to sell by trust unit holders |
| Purchase Date | June 2013 |
| Development Cost | Au $13m |
| Completion Date | December 2014 |
| Gross Realised Value | Au $16.5m |
| Return on Cost | 27% |
