Vital Healthcare Property Trust buys half-hectare Melbourne site for A$350m hospital project
21 Dec, 2020 07:52 PM
3 minutes to read
Vital Healthcare Property Trust has bought a half-hectare Melbourne development site where a A$350 million medical project is planned.
NorthWest Healthcare Properties Management announced the purchase of 5330sq m in the Box Hill suburb next to Vital s existing Epworth Eastern Hospital where a $140m expansion is under way.
The site is in the suburb s health and education precinct. Not only is it beside the existing hospital but other facilities nearby are Box Hill Public Hospital, Ekera Medical Centre and a tertiary training institute.