Sportsmed Hospital, Clinic, Consulting & Office
24-26 Payneham Road, Stepney SA 5069Sportsmed SA is a state-of-the-art healthcare precinct consisting of a specialist orthopaedic hospital, clinic and consulting facility. It is located in the suburb of Stepney approximately four kilometres north-east of Adelaide’s CBD, in South Australia.
The hospital is operated by Burnside War Memorial Hospital following the acquisition of the Sportsmed hospital business in September 2023. It has five operating theatres, 45 individual private rooms and a four-bed High Dependency Unit.
Burnside also operate an existing hospital in Toorak Gardens, located 5km’s away. The acquisition of Sportsmed increases operational efficiency between both sites and strengthens the business in the long run.
The clinic building and adjacent consulting facility includes consulting suites, treatment rooms as well as radiology services, a pharmacy and a cafe.
Property Summary
As at 30 September 2025 Sportsmed Hospital, Clinic, Consulting & Office 24-26 Payneham Road, Stepney SA 5069-
$81.5 Market Value
-
21.00 yrs WALE
| Asset class | Hospital (Acute) |
|---|---|
| Occupancy | 100.0% |
| Major tenant | Burnside |
| Market capitalisation rate | 7.1% |
| Sustainability Features | 330kW Solar system. Recent LED light replacement in warehouse and clinic. |