THE Northern Beaches Health Hub, soon to be under construction, is offering specialist medical practitioners the opportunity to halt a service shortfall in the area and leverage off the new $2.14BN Northern Beaches Hospital (NBH) at 11 Tilley Lane in Frenchs Forest.
With development commencing late 2019, Ray White Commercial, in conjunction with Barratt Jennings Partners, are seeking pre-construction expressions of interest for suitably qualified medical practices to occupy the development by early 2021.
With the ongoing undersupply of specialist services in the area and discussions already underway for a big-name anchor tenant, interest to date has been strong.
On offer is a limited 2,000sq m* of floor space plus 72 car parking spaces, an onsite café and pathology drop-off, and tenancies are available from 40sq m*.
Brodie Kemp of Barratt Jennings Partners said the project would be delivered by national, diversified real estate investment and development firm, CK Group.
“We have expert analysis indicating that there’s a real shortfall in specialist services on the Northern Beaches and this development offers a multitude of specialists the opportunity to expand their practice and leverage off of the nearby NBH,” Mr Kemp said.
“The shortfall includes but is not limited to; diagnostic GI endoscopy, urology, chemotherapy, renal medicine, ophthalmology, psychiatry, renal dialysis and non-acute, so this site is going to appeal to a large number of people and businesses.”
Trevor Cain of Ray White Frenchs Forest Commercial said it was rare that an entire building of such medical scale comes to market.
“We expect the potential here will be recognised as not only critical to the local area, but the opportunity to grow a business,” Mr Cain said.
“Each tenancy will enable a tenant-driven design to suit individual operational requirements. With the 40sq m* ground floor accommodating a reception, ambulance loading bay, pathology and a cafe.”
Samuel Hadgelias of Ray White Commercial NSW said the highly efficient floor plates could be broken up into multiple configurations, from the smallest tenancy of 40sq m* to the largest of 525sq m* (for a whole floor).
“Levels one to four (circa 500sq m* per floor*) are available in line or separately. Tenancy options are flexible, catering to a wide range of clinical specialties and all to the highest medical standards,” Mr Hadgelias said.
“The DA provides for a dedicated private rooftop terrace with district views which will allow for hosting small functions with staff/clients/partners and/or for the relaxation of in/outpatients.”
Expressions of interest close on 30 August 2019.