Annerley boosts healthcare portfolio
Annerley Group has bought another major healthcare investment, this time in the Mid North Coast heartland of Port Macquarie.
The 107-bed Highfields Manor, leased to GenBridge, cost $17.75 million.
It was offered by the developer which built it in 2022.
CBRE’s Marcello Caspani-Muto, Sandro Peluso and Jimmy Tat brokered the off-market deal.
1 Highfields Circuit
Since being created in 2022 by ex-AFR Rich List member Mitchell Harper and Jay Anderson -exclusively to manage healthcare products – Annerley now manages c$200m of assets.
Six months ago we reported the group bought the Sunshine Coast’s Vitality Village wellbeing complex from HMC Capital, outlaying $26.5m.
In 2024, meanwhile, Annerley acquired the GP Plus Health Centre in Adelaide’s Elizabeth from Dexus.
On 1.17 hectares zoned Activity Centre, that investment set it back $42m (continues below).
The Port Macquarie property at 1 Highfields Circuit contains 107 beds.
GenBridge has four 10 year options from 2034.
Annerley will also be able to claim depreciation benefits for tax.
“This investment highlights our strategy of securing premier healthcare assets in locations with proven, essential demand,” Mr Anderson, chief investment officer, said.
“Being situated within an established medical precinct ensures this facility will meet the needs of the region’s growing senior population for years to come,” according to the executive.
“This deal is representative of current momentum as we continue to scale our fast-growing healthcare platform,” he added.
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