Canterbury’s former Linley Clinic Private Hospital sells

The former hospital, on a corner site, was approved for a subdivision into residential lots.

The former Linley Clinic Private Hospital in Melbourne’s leafy Canterbury has sold for a speculated price of just under $6 million.

The medical centre at 25 Bryson Street last traded in November 2017 for $6.5 million.

Teska Carson marketing agents Adrian Boutsakis and Michael Ludski described the opportunity succinctly in their advertisements: a rare substantial day procedure facility ready to operate or demolish and subdivide.

The 2007 square metre block – near the Maling Road retail strip and Canterbury train station – comes with a permit to be split up as residential development sites.

Any incoming owner could also entertain building a townhouse project.

Alternatively, an occupier could reopen the facility as a medical centre, utilising the two operating theatres, post anaesthesia care unit, 14 patient recovery rooms and car parking.

Owner occupiers and investors were also expected to show an interest in the site which has sold to an as yet undisclosed buyer.

The Canterbury property was marketed for its potential to be reopened as a medical centre.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco
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