Allevia Kensington Hospital

Allevia Kensington Hospital

12 Kensington Avenue

Allevia Kensington Hospital is operated by Healthcare Holdings Ltd, a leading healthcare provider, and offers both inpatient and day-stay surgery services.

The hospital includes 5 operating theatres and 21 beds, with an adjoining building that provides consulting and support services.

A significant extension was completed in 2008, adding capacity for endoscopic and elective surgeries.

In July 2016, the Trust secured a new 30-year lease with Kensington Hospital Ltd, and provision for future expansion on nearby development land is retained by the Trust.

Property Summary

As at 30 September 2025 Allevia Kensington Hospital
12 Kensington Avenue
  • $27.4 Market Value
  • 20.75 yrs WALE
Asset class Hospital (Acute)
Occupancy 100.0%
Major tenant Kensington Hospital Limited
Market capitalisation rate 6.1%