Int'l Healthway buys 2 more Aussie properties
JUST a week after acquiring its first property in Australia, International Healthway Corporation (IHC) has signed another two deals to buy two freehold properties in Melbourne and Geelong for A$63.8 million ($73.4 million) in total.
The property in Melbourne, costing A$35.8 million, is an eight-storey commercial building at 541 St Kilda Road, with anchor tenant, the listed online employment classifieds platform operator Seek Limited, taking up close to full occupancy.
The property, opposite the 688-bed Alfred Hospital, has a net leasable area of 8,229 sq m. The development has two floors of retail space and six upper floors of office space.
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