Sydney-based Barwon Property Funds Management is paying $9.7 million for a near-new medical facility in Croydon, about 27 kilometres east of town. The Healthscope Medical Centre at 24-26 Doreset Road is a purpose-built 1623-square-metre hospital on a 3002-square-metre block with 55 car parks. Returning annual rent of around $737,000, with fixed rental increases, the investment also offered substantial depreciation allowances.
